GBG gindalbie metals ltd

Yes....Watch out for news of Westnet rail in the midwest. Not...

  1. 13,368 Posts.
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    Yes....
    Watch out for news of Westnet rail in the midwest. Not sure what's going on, but on the street I have heard the tender process is underway and GBG may be a beneficiary....no matter which way it turns out. Unconfirmed but I hope this is the case as GBG will be re-rated significantly.

    Enviro report due soon as well, so lot's to look forward to.

    The BBY report sums GBG up nicely...

    "Gindalbie Metals Ltd
    Remains Undervalued. Karara At 12Mtpa Adds A$1.10/sh To Our Valuation"

    "We maintain our BUY recommendation on Gindalbie
    Metals Ltd (GBG) and have upgraded our valuation
    significantly to A$2.02/sh"

    "GBG/Ansteel have commenced a study to evaluate the
    potential to expand production to 12Mtpa. At a production
    rate of 12Mtpa our valuation rises to A$3.12/sh."
 
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Currently unlisted public company.

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