GBG
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0.00% 2.9¢ gindalbie metals ltd

borrowings, page-28

  1. Gindaldan
    5,238 Posts.
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    23/01/12
    11:27
    Post #: 9584942
    Given 1.15/1.2 billion of the JV loan is already drawn down upon the FOREX blowout would be very accurate - 150m to 200m. So GBG's proportion is 75m to 100m.

    The FOREX problems that remain is the fact IO is sold in USD, so we receive less AUD for all ore sold.
    GBG Price at posting: 63.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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