GBG 0.00% 2.9¢ gindalbie metals ltd

re: why the sudden rise in sp? >>>>The Company incurred a...

  1. 53 Posts.
    re: why the sudden rise in sp? >>>>The Company incurred a consolidated net operating loss after tax of $3.25 million for the year ended 30 June
    2005 compared with the previous year’s net loss after tax of $15.46 million which included significant asset
    write downs following the suspension of the Minjar Gold Operations.
    Revenue from ordinary activities of $1.432 million was significantly lower than last year’s $20.168 million.
    The revenue figure in the current year was lower as a result of the suspension of the Minjar Gold operations
    and the resultant decrease in gold and silver sales revenue<<<<
 
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Currently unlisted public company.

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