GBG 0.00% 2.9¢ gindalbie metals ltd

52 week low, page-23

  1. 2,499 Posts.
    "Worst iron ore company. Well under performed all others of a comparable nature. Dog."

    They actually did quite well relative to the only other magnetite project to have been brought online during the mining boom. The other project, Sino Iron had its costs blow out by $6 billion dollars. The only reason they haven't gone kaput is because they're backed by Chinese state funds. Not that this helps current shareholders though.

 
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Currently unlisted public company.

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