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