GBG
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0.00% 2.9¢ gindalbie metals ltd

shorts run for cover on $300m loan news., page-26

  1. Master Burrows
    3,538 Posts.
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    15/05/14
    15:27
    Post #: 13369888
    force44 - understand the vast difference between FMG & GBG



    FMG export capacity over 150 million tonnes

    FMG cost production roughly $60 / tonne



    GBG export capacity currently 8 million tonnes

    GBG cost production roughly $95 / tonne


    with iron ore price settling around $100 / tonne, need I say more



    GBG Price at posting: 4.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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