GIB 11.1% 4.0¢ gibb river diamonds limited

Ann: Ellendale Diamond Project - Maiden Resource Lights Stockpile, page-10

  1. 8,361 Posts.
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    Rock phosphate price is still holding highs, but unless the owners of the century pipeline are interested I am not sure how GIB can move if forward. Must be a good few years GIB has been trying to off load it.
    That said GIB will most likely need a few more $$ to get Ellendale up and running. JR will do it as economical as possible.
    I'm thinking Edjudina might get sold, but it would be very nice to get a left of field phosphate deal. No better time that now given the current price.

    https://hotcopper.com.au/data/attachments/5707/5707764-bb1ec2b679cc191a45c048a9a4ca24c2.jpg


 
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