GBG 0.00% 2.9¢ gindalbie metals ltd

news for financing, page-4

  1. 1,046 Posts.
    lightbulb Created with Sketch. 1
    Nice it is all going ahead but they still need to raise more money.

    That is a $740 000 000 blowout on a $1.96b project since May last year. Good thing I dont run my personal finances like that. Would have been to the wall ages ago.

    I dont think I will but anymore unless they go sub 90c now.

    Payback time to profit and any sort of a dividend is now well and truly a thing of the distant future.

    Origionally they said production in 2007.

    If they are this far off target all the time I may not live long enough to see a dividend.

    Cheers
    Gmac
 
watchlist Created with Sketch. Add GBG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.