GBG 0.00% 2.9¢ gindalbie metals ltd

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  1. 5,242 Posts.
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    I doubt we will see a $30 share price in 2012 based on our earnings. But it would be nice. Hopefully GBG has a major new production expansion plan of 50 to 60mtpa within a year or two from 2012, then we might get $30 based on a FMG rating. I beleive we should be seeing our first dividend in 2011, however it won't be large due to the repayment of GBG's debt component of the JV. 2013+ will deliver a nice divi assuming a good policy from the company.

    Wouldn't that be nice :P
 
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