GBG gindalbie metals ltd

gindalbie metals - a rational analysis , page-28

  1. 49,273 Posts.
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    "from my point of view, GBG is simply "indestructible" because of Ansteel "

    Nothing could be further from the truth.

    AnSteel can use Karara to gobble up more and more of GBG until there is nothing left.

    The shareholders of GBG are totally reliant on AnSteel. All their product is contracted to them.

    GBG is handcuffed to AnSteel.

    Not a good situation at all imo.
 
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