12 mth price target $1.40, page-37

The GBG chairman in his AGM address in October said "it is only once the market sees tangible evidence of cash being generated and banked month by month that a genuine re-rating of its share price will occur. In Gindalbie's case, that time is now at hand."

I agree with the first sentence. But not with "that time is now at hand." I think it is not far off before rerating, but maybe in Feb/Mar, once a few more engineering wins are under the belt, and the Euro mess is sorted one way or the other.

Still think it is a great long term story, just a question of timing entry!

DYOR!