GBG gindalbie metals ltd

it is not what they would like us to beleive, page-7

  1. hws
    613 Posts.
    Foreign investment is restricted - the decision on how much is decided by the foreign investment revue board FIRB, I am quite sure that has been referenced in all their announcements where required.

    Companies raise capital when and if required. They start off with a number needed to do the build, add a bit on and raise that. Any major issues are outside of that and they have to raise more or go to the market. Quite often that original amount is very tight - cause half the time they would not get the money if it was realistic.
    They could not have foreseen a lot of the problems, and have had to go to the market or dilute for each issue. That is why this was always a gamble, huge capital required, small/med company, single commodity and no other income. Not being an apologist just a realist.

    Saying that i believe the technical, operational, engineering side has been handled poorly.
 
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