-
Share
1,046 Posts.
1
30/04/14
15:57
Share
UBS just put out a report rating GBG at $0.01 per share. They also have earnings at -$0.04 per share right through to 2018.
Basiclly said GBGs predictions havent met targets so far and probably will continue to happen.
Seems a lot of the ore being shipped is third party ore and only covers fixed costs (port fees, train etc). Doesnt include any profit for GBG.
Not what I wanted to hear but probably realistic. Tred carefully.
Cheers
Gmac
-