very spectacular performance from GBG
very impressive looking sp chart in a long near vertical climb. AWESOME !!
$2 by august is a given
imo $3+ when approvals are given to spend the capex
the market will quickly factor in all the projected cash flows and set a price on GBG up to near its near term true value
then GBG also has plans to double its operating output when the extra infrastructure at oakajee is in place
so we will be looking at a $6+ value
furthermore gbg iron ore project is world class high quality, high value producing, robust income, very efficient operation with a 40+ mining life
hence a high premium value will be put on GBG giving a future potential $12+ value
dont trust me check it out !
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