Rubbing my eyes too....
Considering the quality and premium price for their product and much lower costs this is a game changer for GBG when they turn profitable later this year.
Upside for GBG exists:
Lowered production costs now a reality realizing the potential of their rail haulage and setup.
Upside for Nuclear Waste storage if approved by Government, diversifying income stream and mitigating risk of IO fluctuations.
GBG has continued support of Ansteel one of biggest steel producers in China.
GBG will prosper long term. Watch this space as IO sediment comes out of the gloom gutter.
Good luck holders.
Well done Karara and GBG for achieving this milestone of cutting costs in these challenging times.
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