MCB 0.00% 7.0¢ mcb resources limited

all good guys...

  1. 487 Posts.
    All good guys,following on from my last post.

    No consolidation for those who still hold GBX a massive plus.
    No obtaining a frustrating asset that's currently under water with floods and could takes years to rationalize value.

    Still have cash in the bank
    Still have a quality management team capable of good things.
    Still have a new venture/surprise on the way with another project.

    This is a good thing, GBX is now back on my radar for a BUY.

    Management will be very keen to chose a rip snorting project for the next ad"venture"


    Warrior is a valuable asset as its good oil land but it would have been a long painful process extracting value.

    This is the best outcome in my view...
 
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Currently unlisted public company.

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