GBG 0.00% 2.9¢ gindalbie metals ltd

gindalbie metals - a rational analysis , page-43

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    superwealthy

    will gbg fail? maybe, maybe not, more likely not.

    they have had some big hurdles to jump but they are still in the running.

    by my calcs if they can achieve steady state production and prescribed fe content on time they will generate gross income of $104,000,000 which will easily pay back the ansteel loan and still have plenty of surplus.

    some where in between there is the ability to keep viable until the project is achieving targets.


 
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Currently unlisted public company.

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