progress update from site anyone?, page-7

'No more downramping FROM LONGTERMERS.Wipe your eyes and get over it.'

Downramping? I am stating facts that have happened.

I don't think you appreciate the vulnerable state GBG is in. Low iron ore price, high AUD, high cost inflationary environment (proven again re the higher estimated operating costs).

Not one broker report values this over 40 cents now....The significant dilution and continual cost increases/AUD weigh on this heavily.

Confidence is gone.

If there is a significant hiccup with commissioning GBG will now be doomed.

I am scared $%^#less.

Please model in the current figures provided by GBG and dilution. It isn't pretty. No wonder GRR canned Southdown, no one would touch a magnetite mine now.