GBG 0.00% 2.9¢ gindalbie metals ltd

gbg frustration plus!!, page-28

  1. 257 Posts.
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    This stock will flounder around pricewise until GBG management announce that they are producing and shipping 68% Mag at a steady state. Then the analysts will re-rate
    GBG and hopefully away we go to a price the market thinks its worth, hopefully at least to it's book value of 60 cents
    Everyone that has anything to do with this stock now knows this is the next big hurdle left. Finances will then be sorted out one way or another, so until then as I and many others have done for much too long sit tight fellow shareholders and wait.
    Time is of the essence as Management know and are definitely working on nothing else but to reach what we all want KML to reach, however while this is happening GBG are also advancing other areas of their portfolio as RRD suggested.
    The waiting game is hard but the tortoise will win the race.
    PS
    Ship movements well we know 11 ships of Mag per month will get us close enough to 8Mt per year but unfortunately at the moment it is not shipping 68% as it should be so it's not worth worrying about.
    Keep the faith it will reward us and of course always DYOR
 
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