GBG 0.00% 2.9¢ gindalbie metals ltd

ann out!, page-49

  1. 2,531 Posts.
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    "They achieved a higher rate of 68%, but it was not consistent, the money and nameplate of course is in consistency. As i said to you before, there are a lot of problems that are arising that is new to the game in general, but are being ironed out. GBG was surprised as much as we were and are with what is going on. Nobody can be blamed for what has happened since startup. Its all a learning curve, but what we are all learning, including my wife & her people is the fact that, it can work, as problematic as it is, so now we know where we are and what we need to do to get to where we want to be. Its all about evolving and getting as fast as we can to increase volume. I have a new posting now, stripping & drubbing in the south east.Do i need to spell it out for you mate *?*
    As far as the money is concerned, the exercise so far is a success, the next, lets say 3 to 4 months is a mere formality to complete full production, mgx has 70% cash sure, but bugger all in the ground, once they are out of the road, we have more space.
    Cash burn means NOTHING for now, its where we are going to be come the funny season. Just before the Chinese new year will be a great time for all gbg holders.
    Thats when i will move on and probably head up to Admiral Bay.
    May i suggest you start reading the The Standard in HK, read into the LME reports and the volumes of port inventory, more to the point, who is running them and why and where the product goes. That will give you all you need to know about where to throw your money and why, its what not is now, its what is going to be that makes a difference to your bank balance.
    Hope to catch up one day....stay the course and enjoy the ride"

    What?
 
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