I agree GBG hitting around $5 next year based on:1. Resource...

I agree GBG hitting around $5 next year based on:

1. Resource size
2. Producing 2mtpa from Mungada
3. Rating it comparable to MGX
4. Construction of Karara

I'm very bullish on iron ore, I can see GBG breaking the $20 mark very easily. I'm just worried about the % GBG will be entitled to based on their proposed 35mpta operation. However the upside is our resources won't run out like all the small time DSO players who will struggle in the long term if iron ore continues to run north. I hope for our sakes iron ore continues to run because it simply means our margins increase, thus sp continues to rise. I hope we have just nibbled at China's growth and they continue making iron ore rise every year.

I'm here for the long term, so i'll be here waiting for all of our resource production to unfold.