GBG 0.00% 2.9¢ gindalbie metals ltd

final signoff dates confirmed, page-3

  1. 101 Posts.
    From Thewest News Paper.22/08/09
    Stock Tips.
    Gindalbie metals(GBG)
    The company is the most advanced of WA,s junior iron ore
    developer,s with conditional financing and infrastructure
    secured.Initial joint venture production from the proposed
    Karara mine will be 2mtpa to 3mtpa of hematite and 8mtpa
    of magnetite with significant expansion scope to export up
    to 30mtpa through the Oakajee port and rail project. The
    shares are at a 30 per cent discount to base case valuation
    of $1.21 a share.Price 80 cents.target $1.20.
    UBS,BUY.
 
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Currently unlisted public company.

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