GBG gindalbie metals ltd

npv of karara project, page-9

  1. 193 Posts.
    Thanks Gimp, Riddick & Major for clearing that up for me.

    I was not trying to say that ARH was better than GBG, just thought GBG had understated their NPV or ARH's NPV was a bit dodgy.

    Now I know that's the latter.

    Can you believe AGO's MC is now nearly double of GBG?!?!

    Just because they have huge land holdings doesn't mean that they will have a huge resource because so far they have not proven up their resources.

    Their have less magnitite & comparable haemetite to GBG and yet they are valued a lot more than GBG.

    Their magnitite project is also a lot less advanced then GBG.

    So as you can see GBG is greatly undervalued.

    - MVP -
 
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