GBG 0.00% 2.9¢ gindalbie metals ltd

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  1. 1,046 Posts.
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    Thanks. Yes I still hold a few hundred thousand that I didn't get rid of at higher prices. Got to greedy. Basically not worth selling at this price. Might as well hold and hope for a miracle.

    Still a lemon though and a dog as well. Can't see them making any money. Costs too high and borrowed too much.

    kml is in charge of distributions and my guess is they will pay debt before distributing. Going to be a long time before GBG holders get to drink at the well.

    I know it is a large project but has massive debt and high costs. Matter of fact they don't even know costs. $72-75 range was only a guesstimate. Bet you it won't be lower.

    Cheers Gmac
 
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