GBG gindalbie metals ltd
Add to My Watchlist 0.00% ! 2.9¢

reddwarfgbg don't have the cash to progress to stage 2, mgx have...

  1. kenso
    2,939 Posts.
    lightbulb Created with Sketch. 235
    clock Created with Sketch.
    02/12/13
    10:02
    Post #: 12644622
    reddwarf

    gbg don't have the cash to progress to stage 2, mgx have $420m cash which will go a long way towards stage 2
    if mgx can see good economics for stage 2 then they may be prepared to pay a premium for gbg t/o.
    GBG Price at posting: 11.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Kameelburg Niobium and REE mineralisation extends to 1,350 Meters
right-arrow Created with Sketch.
NEWS Watch Exclusive Interviews with ASX Leaders
right-arrow Created with Sketch.
NEWS Agreement to acquire 50% of the Central Tanami Gold Project
right-arrow Created with Sketch.
NEWS Access the latest ASX news here
right-arrow Created with Sketch.
NEWS Mandalay Resources Discovers High-Grade Skarn and Provides Update on Near Mine Exploration at Björkdal
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.