GBG gindalbie metals ltd
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12 mth price target $1.40, page-52

  1. Coff
    421 Posts.
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    08/12/11
    09:11
    Post #: 9408298
    I agree with your figures girl181. Even RIO forecast a lot of extra iron ore production hitting the market in the next 3 years.

    But GBG will have a lot of sunk costs out there. Their cash flow generation, once this capital spend is finished, should be substantial!
    GBG Price at posting: 52.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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