GBG 0.00% 2.6¢ gindalbie metals ltd

Hopefully the dirt cheap price gets someone with a deep pocket...

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  1. 4,987 Posts.
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    Hopefully the dirt cheap price gets someone with a deep pocket interested.

    KML is zero because Ansteel wants it that way. If another steel mill wants access go the magnetite it could be worth $50M.

    There is a long list in wikipedia.

    Does Ansteel actually own 100% offtake or can GBG assign their percent to someone else. Besides that another steel mill could challenge the price being paid for the product is sold for. Whereas its harder for GBG aa they not a user or regular buyer of the product.
 
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