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0.00% 2.6¢ gindalbie metals ltd

Shthcop,I agree that Lodestone is valuable.I have rechecked the...

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  1. The Mole
    723 Posts.
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    16/03/19
    16:36
    Post #: 37785186
    Shthcop,

    I agree that Lodestone is valuable.
    I have rechecked the Shine tenement and we were paid by Mt Gibson $12m + $3m.
    It had 6.1m tonnes of 59.8% Fe.
    That equates to $2.46 per tonne. But not really apples-with-apples.
    So the 10c per tonne is a very low ball figure.
    If Ansteel don't want Lodestone then we should put it on the open market.
    GBG Price at posting: 2.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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