GBG 0.00% 2.9¢ gindalbie metals ltd

project operations update, page-11

  1. 912 Posts.
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    I think the extra working capital will be needed if they don't reach nameplate within 3 months. What are the odds?

    I heard a rumour from a contractor mate. (Note rumour and not a fact) that this was a problem months ago so I wonder why it took so long for for the news to come out and how serious they are about resolving the issue if it took months to admit there was an issue and how well suited they are to ensuring the issue is rectified promptly, perhaps they wanted to be sure of the issues details prior to issuing an announcement.

    Overall, this announcement is a great step in the right direction for gbg management. Far more honesty and detail than previous statements.


 
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