From The Australian Business review,
http://www.theaustralian.com.au/bus...ment-in-iron-ore/story-e6frg90f-1227151807376
Glencore earlier said it would continue to focus its investment on projects that are already under way, rather than on new, so-called 'greenfield' mines.
"The amount of capital that goes into these projects, you don't get the returns," Mr Glasenberg said." Greenfield is something we are very scared [of] and you won't see us doing greenfields for a long time."
Not good for IBG!
ZN $1.10 Before Year's End?, page-91
Add IBG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $14.93K | 4.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 93356160 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 422772 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IBG (ASX) Chart |