GBG looks alot healthier this year Gindalbie has continued to...

GBG looks alot healthier this year
Gindalbie has continued to reduce operating costs to a minimum and is now in a position to leverage the cash we hold and focus on new opportunities in the resource market. • At 31 December 2016, Gindalbie had term deposits of AUD$37.5 million and cash and cash equivalents of AUD$927 thousand. RESULTS OF OPERATIONS The net loss for the six months ended 31 December 2016 was $593 thousand, compared with a net loss of $5.4 million for the six months ended 31 December 2015.

Good times ahead