GBG 0.00% 2.9¢ gindalbie metals ltd

citic disaster, page-4

  1. 96 Posts.
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    Personally, I think this is positive for GBG as it makes evryone think twice about these mega projects in the future. I mean, why spend another few billion dollars when they can takeover GBG for $ 500/600 million and secure 50% of 8/16 MT production which is almost completed? That's what I would do! Regardless of the pricing of iron ore, the cost of producing it is only going to go up.
 
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Currently unlisted public company.

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