esteemed Gindaldan,
re your comment "Still see no reason why this can't be $1 by December when we are shipping at 10mtpa (pending global factors)"
It's my understanding
1/- Greece is now more likely to resolve its debt problems at least in the short-term;
2/- and if so, any other Euro-aligned countries would likely follow the same model;
3/- If China doesn't has a 'soft-landing' as some commentators now believe;
4/- The US economy is VERY SLOWLY recovering - although this will most likely take longer than expected;
5/- and Iron Ore prices are maintained, even though GBG's product is already spoken for;
6/- GBG are meeting their present milestones and with some careful management and a dose of luck this will continue...
...then I suspect there could be reason to be more optimistic...perhaps we might see $1.50 by December?
- Forums
- ASX - By Stock
- GBG
- Ann: Maiden Lodestone Magnetite Resource
Ann: Maiden Lodestone Magnetite Resource , page-13
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated