GGY glengarry resources limited

re: Ann: Market Update - Brazil Iron Ore Deve... But regardless...

  1. 315 Posts.
    re: Ann: Market Update - Brazil Iron Ore Deve... But regardless of speculation on sp, there was a phrase in Darren`s latest asx release regarding the Fe plan in Brazil that caught my attention: `Our focus will remain within Brazil.`
    The prospects there look excellent indeed in the long term. In full production by 3 years with 10 years of Fe in the pipeline.
    Does this mean that Percyvale and Citadel will remain on hold indefinitely or could we see joint ventures with GGY as the passive partner? Or perhaps even be sold?
    Is it Bazilian Fe only?
    Or is the portfolio to stay as it is?


    Tim.
 
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