GBG
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0.00% 2.9¢ gindalbie metals ltd

Ann: Quarterly Activities Report - December 2012 , page-21

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  1. Gindaldan
    5,306 Posts.
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    18/01/13
    10:24
    Post #: 11305434
    re: Ann: Quarterly Activities Report - Decemb... Yeah exactly. The problem is the concentrator is not fully operational, once it is all will be well. 8mtpa output by April 2013! It isn't too far away. This should rerate the stock significantly, but of course we need iron ore prices to hold.

    *please oh please $140-$150 per tonne for 2013/2014*

    More stimulus plans such as Japan's could aid the iron ore price.
    GBG Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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