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0.00% 2.9¢ gindalbie metals ltd

great update from tim netscher on gbg., page-12

  1. hws
    613 Posts.
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    08/02/13
    13:48
    Post #: 11396849
    I don't see where it says it is not making a profit. Given that processing cost are roughly $20 more on magnetite compared to DSO and the overall cost (dso and mag)are estimated at approx $76/t on the 10mtpa, DSO would be roughly $60/t - they would be making a profit on that.
    GBG Price at posting: 28.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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