9c soon, page-2

If you want iron ore and still believe in it, look at other stocks: FMG, or less risk RIO.

GBG isn't anywhere near name plate and will slowly lose its stake even further in karara the lemon. A 25 percent stake maybe in the end? In what? A debt ladden 8mtpa operation. So effectively a 2mpta operation... Paying 120m for that when it's so indebted and yet to be proven viable? I don't think so... Sadly further to fall IMO. FMG actually looks cheap compared to this...

I lost a lot on this. Been out since May last year. Best move I ever did. Made a lot on other stocks instead which are actually progressing. Mind you I haven't recovered all my GBG losses. Disaster of an investment for me, but learnt some valuable lessons.