GBG 0.00% 2.9¢ gindalbie metals ltd

Girl181 3 times 0.051cps sounds very optimistic in my view,...

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    Girl181 3 times 0.051cps sounds very optimistic in my view, remembering GBG only owns 50% of karara.

    $63m x 3 = $200M profit after tax for GBG
    = $400M NPAT for Karara
    = $571M profit before tax (not taking into acct prior year losses)
    = $71/tonne margin based on 8MT per annum and before interest
 
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Currently unlisted public company.

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