GBG
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0.00% 2.9¢ gindalbie metals ltd

gindalbie under pressure at karara, page-7

  1. gmac55
    1,046 Posts.
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    27/09/13
    17:50
    Post #: 12382158
    They should have just stuck to original plan and got stage one paying for itself and generating cashflow.

    Instead they tried to go straight to stage 2. Gbg never had enough money to fund their share of this.I agree if Ansteel wanted stage 2 so badly then they should have funded it.

    AS it now stands they could own it all quite cheaply soon.
    Cheers
    Gmac
    GBG Price at posting: 13.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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