GBG 0.00% 2.6¢ gindalbie metals ltd

Indeed i did get the wrong end of the stick Madbutcher. Good...

  1. 3,513 Posts.
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    Indeed i did get the wrong end of the stick Madbutcher.
    Good luck with your endeavours and i applaud your research.
    Being of west australian origin, i've been locked onto the myths of resources for so long it became second nature, much to my regret and loss.
    Minnows like GBG have just been swept aside by the savage downturn across the sector after the commodities supercycle.
    I see in the latest half yearly Karara continues to produce and still debottlenecking is required.
    They still need to fix the plant the JV could have constructed properly in the first place, or should have. As a result throughput likely can't sustain the operation.
    Yet, there are some good investments to be made in the equities market.
    Apart from gleaning some mighty useful information from it, HC serves to highlight market noise.
    The trick, which i'm still learning, is to see the quality underpinning the noise, if there is any.
    My best short term chances are MBN and AZK, with AZK having what looks to be longer term a blue sky quality.

    DYOR
 
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