GBG 0.00% 2.9¢ gindalbie metals ltd

gbg through 15 today?, page-6

  1. 24,765 Posts.
    re: **gbg through 15 today?** Before you think what a great price GBG are and rush out to sell consider the following:

    The market will price GBG in line with other iron ore producers and prospective producers. With producers capitalised in the many hundreds of millions - and a prospective produder like FMG capitalised at over $800 million, you can see how GBG's current capitalisation of around $25 million has massive upside.

    Before any complaints - I know GBG is not FMG. It was just for illustration purposes. There are also other prospective producers capitalised at many times GBG's current cap.
 
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