GBG
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0.00% 2.9¢ gindalbie metals ltd

head for the hills, page-56

  1. Vayama
    9,286 Posts.
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    18/07/08
    20:31
    Post #: 4010916
    cash flow is too far away for GBG...

    latest broker report on GBG states first significant cash flow in 2011 (40 cents EPS) and then 2012 (92 cents EPS)..

    however there iron prices seem a little high, forecasting a continual rise in price until 2012...

    this will not occur because when UMC start mining they will flood the market......





    _____________________________________________________________

    UMC-WHAT A MONSTER!!!!!!!!!!!!!!!
    GBG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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