GBG 0.00% 2.9¢ gindalbie metals ltd

5 months ago who would have believed we'd be hoping for GBG to...

  1. 897 Posts.
    5 months ago who would have believed we'd be hoping for GBG to break the 40c level???? More like hoping for a break above $4.00!

    I think it should do it today too Frank.

    I still reckon we've seen the worst of the selling although prices will obviously still be volatile. Materials OS and here are being seen as oversold now, so we should see some gains over the next few months.

    GBG will announce as soon as practicable on the last equity contributions. The fact Ansteel has already agreed to loan GBG their share of the contribution should mean the contribution side of things is well and truly in the bag and will be completed today. X'd fingers, eh!

    Finance and EPA next before Xmas and hopefully we will see at least around $1.00 by then. Once the market and brokers are happy everything's on track they will start following GBG more closely and when they realise that Ansteel will gradually take all that GBG produces to replace other suppliers in the future, then any thoughts of problems like MGX's will diminish.
    GBG stands out in this respect- and others ofcourse.
 
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