Wow!! 17cents soon we will be back to the value of the last cap raising 24cents?? All us GBG retail holders are appreciating tiny advances of 0.5 - 1.5 cents due to the many months of red! red! red !with drops of 5 to 10 cents at times. Now the beginnings of green shoots are appearing and with nameplate and 68% plus, GBG should now grow back into the company it once was, the true value of the company has been underestimated for a number of years. Ansteel know what it is worth and I believe once it hits nameplate with 68% they will want more of it. What's it worth to them is the big question and I believe they are doing the sums for a takeover. As RRD said this is a once in a lifetime opportunity to buy a world class Mag plant for a bargain price Book value for KML alone is 62 cents a share and if you add the rest of GBG tenements well who knows My big picture price would be $1.50 per share(3 Billion I think) for the lot including all infrastructure(worth 1.5 billion plus) and that would be a bargain for a 30 year plus investment for China JMO of course what's yours folks GBG faithful
GBG Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
