GBG
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0.00% 2.9¢ gindalbie metals ltd

Well Done GBG !!, page-62

  1. gmac55
    1,046 Posts.
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    21/11/14
    12:48
    Post #: 14329868
    Rabbit is correct Down down down. They have been mining below break even since about May.

    Even em with a fully operational plant they would be losing money on each shipment.

    Its only fire sale material now. Not worth anything. This is probably why Ansteel didn't want to take over. Going to get it for free soon.

    Oh well my decision to buy. Learnt a few lessons along the way.
    GBG Price at posting: 2.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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