GINDALBIE METALS. The company is an emerging mid-cap iron ore producer with well advanced plans for the developement of its iron-ore deposits at Karara in WA,s Mid-West. After a long wait for approvals, construction is expected to start next month. It is a high-value investment because of its large and potentially long-life resources and the positive iron ore price. Outlook' Price 95.5c.target$1.64c Southern Cross Equities,BUY.
GBG Price at posting:
93.0¢ Sentiment: Buy Disclosure: Held
