" Nevertheless after making enquiries and considering the uncertainties described above the directors have a reasonable expectation that the guarantees will not be called upon and the company have adequate resources to continue in operational existence for the foreseeable future and pay its debts as and when they are due. For these reasons they continue to adopt the going concern basis in preparing the financial report."
Strategic Development
Gindalbie continues to focus on strategic business development with the intent to enter projects which will drive the growth of shareholder value through deployment of the existing cash assets. Over the past quarter, Gindalbie has continued to refine its preferred strategy and understanding of opportunities in the market and is currently undertaking due diligence on a small number of selected projects.
GBG Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held