GBG
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0.00% 2.9¢ gindalbie metals ltd

Not pretty...Filters are fixed, but concentrate production for...

  1. Erg0ph0bia
    919 Posts.
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    24/01/14
    08:58
    Post #: 12848064
    Not pretty...

    Filters are fixed, but concentrate production for the quarter was only 1/3 of nameplate.

    Thickeners fix on track for feb will only get the plant to 75% (optimistic estimate?)

    More engineering and capex required to figure out if the plant is even capable of nameplate

    Im out
    GBG Price at posting: 10.5¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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