GBG
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0.00% 2.9¢ gindalbie metals ltd

gbg wont survive for now

  1. kenso
    2,805 Posts.
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    28/03/14
    17:38
    Post #: 13187990
    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.

    GBG Price at posting: 5.9¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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