Gday guys, just thought I would share a little information that I received from the local pub today.
Shoot me down if you like but it may make a little difference to my future investment in this Co.
I was told by a guy in production that is on site that Karara is ramping up DSO by double this month for cash flow as Mag is still some way off. I know a couple of guys onsite who have told me that there may be a few probs out there with commisioning, one guy even described it as a shambles.
I dont understand the workings of a mine this size as I am in a different field, but I do understand the state of the economy in Gero and how downbeat everybody is in at the moment.
I take these guys a little more seriously than things I see on chat forums as They are on site at the coalface. Although there are some on here who obviously know Karara and a lot more about FE than I do I have respect for.
Just a small holder expressing my opinion so please dont bite my head off
- Forums
- ASX - By Stock
- GBG
- magnetite
magnetite
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GBG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online