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2.6¢ gindalbie metals ltd

Quick calculation off the figures you provided has GBG cash...

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PhillW

1,972 Posts.

12/01/16

12:34

Post #: 16777486
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Originally posted by kallan81 ↑

What a vague announcement !! I thought at the last AGM resolution 5 was voted down meaning GBG could walk away from the KML debts and keep the $18m.

Also last quater the plant was was cash flow positive.

Ill take the capital loss. Im not going to sell now another 5k is worth the look to see what happens. I think GBG has options. Whats an explorer with AUD 18m with 1.4 billion shares worth ?

Cheers

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Quick calculation off the figures you provided has GBG cash backing of 1.3c minus redundancy costs etc.

GBG Price at posting: 0.8¢ Sentiment: None Disclosure: Not Held
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