GBG gindalbie metals ltd

I'm not trying to pass judgement (on this occasion anyway!) but...

  1. 897 Posts.
    I'm not trying to pass judgement (on this occasion anyway!) but what if-

    *Cameroon sees the SDL project as a huge benefit for their country and in return offers their support, assistance and labour, thereby development and production costs being far less than mines in Australia

    *The SDL resource 'eventually' turns out to be of a comparable size to FMG's, but able to be developed and produced at a lower cost pt

    *Further promising tenements in surrounding areas are eventually sourced

    *GBG consolidates their shares 1:5 post merger and is thereby directly comparable to FMG's issue

    By the time it would take for all this to happen, FMG could likely be around $100 or more. Would GBG then still be at $8.00 on a consolidated basis or comparable to FMG?

    All pure speculation though, and on the other hand, things may go horribly wrong for GBG in Cameroon.
 
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