GBG 0.00% 2.6¢ gindalbie metals ltd

Gingdalan I will attempt to explain the value in GBG, but please...

  1. 2,204 Posts.
    lightbulb Created with Sketch. 23
    Gingdalan
    I will attempt to explain the value in GBG, but please don't take my head off.
    I bought this down to 2 cents because this price is less than cash holdings

    I think this project has very long life, and current IO price is temporary. It will improve as long as Asian people attain more wealth, and I think this idea is bankable.

    I think Ansteel will carefully move to full ownership , eventually, and they will repay GBG shareholders a very small proportion of their very large investment---this may be as little as 5 cents a share
 
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.