GBG gindalbie metals ltd

gindalbie poised to take oakajee, page-27

  1. 2,243 Posts.
    Paps

    Will be interesting how it plays out.

    If chinese of nay sort - great for GBG they will then be part of the Infrast. & most probably the tariff structure will be changed to be user friendly unlike the Mitsu/MMX profit from infrast. policy.

    If not chinese - they may continue down the profit insfrast. path & GBG will have to pay which it & sino don't want to do - but if they build it anyway without them signed up - pretty sure they would give in as they need to use it - Good for GBG is it gets built which they are obviously in the best position to use it first.

    Either way I think it's great for GBG - How great though will it offset o/s worries now or will it be more future generated SP increase like say when they start producing & everyone goes wow they made it they then go & they can increase to 16m when OPR built etc.

    Either way I refused to sell GBG in last couple of days wanting to know who is behind MMX bid & the effect on GBG before closing my trade - Even for a Loss



 
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