GBG 0.00% 2.9¢ gindalbie metals ltd

this could end badly

  1. 3,140 Posts.
    GBG is $141 mill market cap @ 9.5c share price

    Total debt is approaching $500 mill

    GBG profitability this year is still in question.

    Iron ore expected to be in oversupply in the second half of 2013 and IO price expected to fall under $100 again.

    This reminds me of KZL.

    P.S. If you disagree don't attack me but tell me why I should be more optimistic about GBG's prospects.
 
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Currently unlisted public company.

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