GBG 0.00% 2.9¢ gindalbie metals ltd

12 mth price target $1.40, page-5

  1. 463 Posts.
    At 8mt they will be making 150mil/ on a pe/ratio of 20 that gives them a market cap of 3 billion approx. 6 times it's current share price. Then do the sums on 15mt then do 30mt.
    Infrastructure for stage 1 & 2 already in place.
    Then ask yourself what will they do with there profits? Dividends, don't think so... GBG is and will be the next big iron ore producer outside the big 3.
    Long term outstanding prospects. Take the money and run at $1.40 if u wish I'm staying put.
    DYOR.

 
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