GBG 0.00% 2.9¢ gindalbie metals ltd

is the tide finally turning??, page-13

  1. 1,046 Posts.
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    Me personally. I think probably not. Costs are around $100/ t wit royalties and shipping and moisture.
    Ore $92/t yesterday. Gbg are not getting premium until ore is of higher grade than now.
    Add debt and there is no margin for profit.
    Ore prices might change but I'd say At the moment KML would be losing for every t produced.
    Happy to listen to anyone else's figures.

    Cheers
    G mac
 
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