GBG 0.00% 2.9¢ gindalbie metals ltd

12 mth price target $1.40, page-36

  1. 5,335 Posts.
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    $300m cost blow is GBGs share, and no new debt actually. It was done via a cap raising, not debt.

    Debt at end of project will be $600mUSD, not including the working cap. Not a lot given the cash flow generated.

    I agree with the markets sentiment towards management, but I don't see why this is being discounted so heavily compared to peers who will also endure this inflationary environment.

 
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