GBG 0.00% 2.9¢ gindalbie metals ltd

12 mth price target $1.40, page-129

  1. 5,270 Posts.
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    Once volumes pick up it should fly over 60cents. It has still been a terrible 9 months, but hopefully some value is derived at the end of this mess.

    We still have the FOREX blowout, hopefully additional debt covers this. Although further delays to production and or CAPEX blowouts will see this held back and or diluted. I assume our working capital budget is quite tight so a 3 to 6 month delay will have adverse effects.
 
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Currently unlisted public company.

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