where to from here, page-3

Looks good doesn't it!

I won't be offloading a single share until they reach their proposed 40mtpa in 2015. I'd hate to think how high the share price will be if iron ore remains bullish for the next 7 years. I'd assume around 60% to maybe 70% would be GBG's entitlement of that ironore.

There will be no more capital raising via equity in GBG which is good. Our equity component of the Karara JV will be via a loan from Ansteel. Personally I prefer that as the less dilution the better given the current undervalued share price.

Goodluck to long termers, we have a slepping giant here. No one else has a resource comparable besides the majors.