GBG gindalbie metals ltd
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Ann: Karara Operational and Funding Update , page-6

  1. Jamgatt
    13 Posts.
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    30/04/13
    16:07
    Post #: 11703605
    Agree that announcement little disappointing, they should at least apologise for not hitting their April 30 promise of nameplate capacity.

    The important part here is that it effectively values GBG's interest at close to 45c per share and as I understand it the bank debt is in KML, so confirms enterprise value also. Hopefully market picks up on this.
    GBG Price at posting: 18.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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