GBG 0.00% 2.6¢ gindalbie metals ltd

What was it that GJ said "Everone is watching Gindalbie" With...

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  1. MR.
    340 Posts.
    What was it that GJ said "Everone is watching Gindalbie"

    With $0.028 per share in cash, the KML stake and everything else has been valued at $0.03 per share or just $45 million which has been too low. I believe also that KML must be worth at least 10-15 per share. It has been a reason not to sell and management my guess also is going to realize that value.

    GJ’s share averaged $0.20 or a little higher if that gives anyone a little bit of confidence. The last time GBG lost some of KML the price off memory worked out to be something like $0.35 once converted into GBG shares. That transaction was far higher than the ASX price of GBG at the time.
    Last edited by MR.: 01/08/14
 
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