GBG
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0.00% 2.9¢ gindalbie metals ltd

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  1. Gindaldan
    5,242 Posts.
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    04/05/08
    12:09
    Post #: 3663798
    Should actually see $4 to $5 share price next year if Mungada produces 2mtpa and if Karara is under construction to produce the 12mtpa in 2010. I estimate a $13 to $15 share price with Karara in initial production on a high PE ratio for production upside, bullish iron ore prices and infrastructure secured. Of course I could be completely wrong so DYOR.

    PS Ouch - my hangover hurts
    GBG Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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