The current iron ore concentrate price is now US$108.62 or AUD$162.0/tonne, it makes me sick just thinking about how GBG shareholders were ripped off and most who voted yes were too stupid to realise it.
Ansteel was making huge profits from pelletizing the IO concentrates I was moderated. The pellet premium is now US$40.79.
You only have to look at IO companies like Grange GRR who are producing pellets to see how much money they are making. Current pellet price is US$146.06/tonne = AUD$216.88
Thankfully I sold all my GBG and put the money into GRR.
Add to My Watchlist
What is My Watchlist?