GBG 0.00% 2.6¢ gindalbie metals ltd

U308 Storage... in WA..., page-22

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    I really doubt the share price increase has anything to do with a nuclear waste dump. While it would be a good thing for Gindalbie, its in the very very early stages. The tender hasn't even been decided, let alone any sort of plan to as to how or what will need to be built. This is so many years away, even if it does get approved.
    Look at the giant increase in production for this quarter, especially ore of the high grade variety. Look at the increase, quarter after quarter. I would suggest this is more likely to be the reason for the share price increase.
    As for the independent report, it is an assessment of whether we, as shareholders should agree to the loan term variation that was announced in July. I really don't see where you come to the conclusion that Gindalbie is just a shell company?

    Hopefully the upward trend continues. It has been a great 6 months as far as the share price is concerned.
 
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