GBG 0.00% 2.9¢ gindalbie metals ltd

magnetite, page-60

  1. 1,046 Posts.
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    Kev
    Thanks for the vote of confidence. You have been a wealth of info for us Easterners who arent able to inspect the site. So of course you can have a job(good one too).

    GBG dont seem to be going anywhere even after the opening. Unfortunately i cant see anything happening until either

    A) Reduction of shares by buyback or
    B) Dividend - showing they are actually making money.

    Atlas and fortescue were both pretty slick paying divvies after production started.

    Good thing I wasnt at the opening. I would have choked on my lobster when Tim made this statement.

    “This is a project which has already created genuine wealth and opportunity for the Mid West region, and will
    continue to do so for many decades to come,” Mr Netscher said.

    Above statement certainly doesnt apply to shareholders.

    All they have done to most shareholders is suck their wealth.

    Anyway lets hope the price starts to go up from this low point.

    Kev All the best at your new project. I hope your wife improves and is able to enjoy the fruits of your labour and investments with you.

    If you ever get across to the Sunshine coast look me up and Ill shout you a beer for keeping us all posted .

    Cheers
    Gmac
 
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