GBG 0.00% 2.9¢ gindalbie metals ltd

gbg potential sp projections, page-14

  1. 5,306 Posts.
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    The Karara JV incorporates a lot of those small DSO deposits.

    I believe the only JORC we have for a 100% owned DSO project was the recent acquisition (well remaining 40%) from ROY, of which we paid $8mil.

    They are doing exploration on 100% owned ground, but nothing positive has came yet. Lodestone is 100%, but I can assure you if its ever developed it'll be a JV due to risk/size. Don't hold your breathe though, Lodestone is rubbish compared to Karara, so it won't be developed any time soon.

    The large seller(s) still in GBG...Price is not going up. Insiders may know of a cap raising maybe. Assume - 50-55cents. Sigh - remember GBG is a renowned leaky ship.
 
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