esteemed Gindaldan,re your comment "Still see no reason why this...

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?