GBG 0.00% 2.6¢ gindalbie metals ltd

Comparison with MGX (mount gibson), page-4

  1. 1,066 Posts.
    lightbulb Created with Sketch. 4
    Hi VA
    Not disputing anything you say - but the inverse is also true - The Chinese put in more cash - but not all the cash, and the resource is not in their country - so reasonable to expect them to puppy up with more cash if they want the resource badly (which they do)
    Something stinks about this project though - if private investors are in effect funding Chinese debt - what's the point in investing in anything the Chinese get involved in?
    If this plant is now making money - GBG should be informed, as well as shareholders in GBG, and a share of the profit should already be flowing to GBG. As I have previously stated - it should be made abundantly clear to the Chinese State that they will never own this project 100% - so don't bother with the secrecy and plotting to take over - it ain't going to happen. The State of China just needs to write off the cost of their own capital over a longer period.
 
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.