GBG
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0.00% 2.9¢ gindalbie metals ltd

oakajee, page-29

  1. Gindaldan
    5,258 Posts.
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    21/05/12
    10:28
    Post #: 10201655
    Well I bought a small parcel at 0.435 today.

    Seriously why even bother selling at these prices? Clowns....Or the end of the world?

    Interesting enough the Weekend Australian indicated that some Chinese Steel mills were delaying shipments of iron ore in the expectation of further falls in iron ore. Would explain the strong fall in iron ore prices...

    At least GBG's infrastructure is near complete, given all the news around CAPEX blowouts/cost of business in Australia I doubt this project would go ahead as it would cost an extra billion or so.
    GBG Price at posting: 43.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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