GBG 0.00% 2.9¢ gindalbie metals ltd

gbg wont survive for now

  1. 2,737 Posts.
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    analysts say palmers citic pacific project will be forced to shut with huge debts hanging over it.
    citic needs an ore price of us$158t to repay its debts
    citic is a basket case
    gbg is in the same basket
    its difficult to see how citic and gbg can stay viable with a $110 ore price and going down.

 
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Currently unlisted public company.

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