GBG 0.00% 2.9¢ gindalbie metals ltd

Ann: Gindalbie Executes Farm-in and Joint Venture Agreement, page-4

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    But:-
    Stage 1 - up to 12 months for Test works and flow sheet design
    Stage 2 - up to 48 months for Study phase
    Stage 3 - up to 72 months for Decision to mine.

    Potentially 12 years.

    I hope these are generous allowances in case something goes wrong, because GBG won't have any money at the end of 12 years.
 
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Currently unlisted public company.

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