GBG 0.00% 2.6¢ gindalbie metals ltd

No idea about benchmark "costs of extraction and processing" I...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,896 Posts.
    lightbulb Created with Sketch. 133

    No idea about benchmark "costs of extraction and processing"

    I guess that will have to be estimated once they get a full feasabity for a mine , plant and capex.

    Possibly by end of Q3 ????

    If there is 2 bill of mineral ...then u would expect maybe a 50 % margin after direct costs and cap ex amortisation .... is my guess.

    Someone has to Trump up with $150 mill to turn the resource into cash .....first ....

    A slow motion ....blue sky story ...however possibly very valuable to GBG

    Cheers

    VA
 
watchlist Created with Sketch. Add GBG (ASX) to my watchlist

Currently unlisted public company.

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