GBG 0.00% 2.6¢ gindalbie metals ltd

We might be making money at last

  1. 723 Posts.
    lightbulb Created with Sketch. 71
    It appears that as there were no comments on the quarterly results, everyone has given up!

    Well the figures are getting better.

    Did you see how they keep changing from $US and $AUD just to confuse us.

    But figures are:

    Cash cost $US51.375
    plus all the on-costs
    (as before discussed) = $US27.20
    incl interest
    TOTAL COSTS $US78.575

    Sales $US95.30

    Margin $US16.725 per tonne
    Sales 1.994 m tonne

    Total margin $US33m.

    Did anyone notice in quarterly report that shareholder liability is $US500m?
    So GBG $37m not safe!
 
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