GBG
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0.00% 2.6¢ gindalbie metals ltd

Still life in the Mangy pup yet!

  1. Bundy_Too
    2,157 Posts.
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    16/09/16
    08:38
    Post #: 19194833
    Would appear there is still chance Karara will remain operational.

    https://www.businessnews.com.au/article/Downer-wins-250m-of-mining-contracts

    https://au.news.yahoo.com/thewest/wa/a/32612749/battling-karara-posts-massive-1-7b-loss/#page1

    http://www.abc.net.au/news/2016-09-...rt-authority-assures/7849598?section=business

    Surly they wouldn't sign a 3.5 year contract with Downer if there was chance of mine going into "Care and Maintenance" and not for one nanosecond do I think Ansteel will let it out of their hands, albeit with GBG's share diminishing.
    GBG Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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