GBG 0.00% 2.9¢ gindalbie metals ltd

the future

  1. 1,406 Posts.
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    Think of the future as Gindalbie Metals and the past as Gindalbie Gold. Clever move by GBG management.
    What I am trying to determine is if the news is positive in March regarding the extent of the Karara ore body and they announce some sort of realistic mining joint venture financed by Melawar what would be a realistic share price ?
    We know Iron Ore is hot. We know Melawar have a strategic interest. We know GBG have appointed the Melawar nominee as a non executive director. We know they had 4.3 million in the bank at 31/12/04.
    Anyone like to hazard a guess?

 
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