GBG 0.00% 2.9¢ gindalbie metals ltd

YES !!! I got the phone call . And I was blunt in my assessment...

  1. 1,885 Posts.
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    YES !!! I got the phone call .

    And I was blunt in my assessment of Ansteel's measly offer ….

    It’s a bad deal for minority shareholders . Ansteel are offering a pittance for control of GBG , 5c/share or more would be more like it .

    But of greatest concern is the measly ~$10 million being left in Coda minerals won’t go very far towards bringing Mt Gunson to production . It could very well be burnt off in management and drilling fees in less than 2 years . Coda should get the full ~$29 million currently held by GBG imho . Ansteel doesn’t need it .
 
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