GBG 0.00% 2.9¢ gindalbie metals ltd

gindalbie in the media, page-12

  1. 2,942 Posts.
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    I found this link but still only estimate blowout to $6.8bill........but given how these things go over budget might hit the very high number of BILLIONS!


    http://www.miningaustralia.com.au/news/oakajee-will-be-built-ferguson


    Now here's a side thought about GBG.... IF I was building the thing years ago and my borrowings were in US $ , I'd have done at least a part of funds with foreign currency hedging in case the Aud$ went up. Certainly would have cost a bit ...but not as much as the blow-out costs. IMO
 
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