oze-1 the whole point of the chinese having their own iron ore supply is to not be dependent on RIO or BHP and therefore drive the price of iron ore down. Greece is on temporary reprieve and Europe can,t afford any others to follow in Greeces footsteps, the USA is in election mode don,t expect Obama to paint a picture that ain,t rosy, as for relying on a dose of luck ?. GBG will rise as it moves to become a producer, but don,t think its an FMG cos its 3yrs too late.
GBG Price at posting:
69.0¢ Sentiment: Hold Disclosure: Not Held
