GBG 0.00% 2.9¢ gindalbie metals ltd

ships, page-135

  1. 908 Posts.
    Guo Yuan 18 left today on scheduled. Next incomming ship will be Stefania Lembo this tuesday on 4th of June.

    Possibly awaiting on a new batch of Mag coming in.

    over the last 7 days, we had 5 ships departing ( Good sign)

    So according to my calculation (60 t x 5 =300 t), there's no stockpile left at the harbour.

    Trains are probably resuming at this point. Good sign.

    Now we just need to get the polishing unit up by June/July and possibly a long overdue annoucement of name plate production. (helps the stock from bleeding )

    Magnetite as some say is not an EASY process. I do agree so let's hope management will do right by us ( haven't done any good be destroy wealth ).

    I'm delusionally hopeful that if we're still here by the end of this year, we should be able to recover !

    These last few weeks will be crucial. It's a make or break.

    Morgan Stanley has Gbg as OW again for risk tolerant investors or they were given inside info we're not aware of.

 
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