GBG gindalbie metals ltd

"Successful" in spending lots of money via:Building &...

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    "Successful" in spending lots of money via:
    Building & Construction
    Paying excessive $$$ to management
    Problems in building which costs more $$$
    Unable to even achieve its actual targets in KML to pay off those money spent.

    Successful indeed.

    Its like someone wanting to buy a $100 million house thinking they can get a rental of $200 million. Spends $200 million on renovation and $50 million paying themselves management fees buy borrowing money from rich friends and money from other acquaintances interested in the business. And when renovation is 60% complete, the house has so many problems that you can only rent out a bloody storeroom which gives a return of $50 million. Guess who wins?
 
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