GBG 0.00% 2.6¢ gindalbie metals ltd

Ann: Scheme of Arrangement and Demerger, page-51

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  1. 330 Posts.
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    Well on the plus side, now that the takeover has been announced, GBG is now on a lot more people’s radars and watchlists.

    Hopefully the bloody mining equities analysts start doing the numbers and kicking tyres instead of dismissing GBG sight unseen.

    It really is one of the most undervalued mines on the ASX. I had thought I had more time to accumulate, but alas the cat’s now out of the bag.

    Not many companies with a cashflow positive operating mine trading at 60-70% of cash at bank!

    If only I had a crystal ball!
 
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Currently unlisted public company.

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