bid ask side, page-4

Tomorrow is D Day for Melawar. Just hope there are big buyers lined up to pick those shares up if they can't purchase them back. Currently resistance is huge but its simply due to ANZ selling off the millions of shares from Opes. As I said before once these Opes shares are sold GBG will go on a big bull run.

If your also worrying about our SP just take a look at MGX. We should have close to the same production levels of them next year, however a 40+ year resource base with significantly larger production potential, infrastructure, and better margins.

MGX is currently valued at around 2.4 billion on a poor margin 3mtpa operation. Expanding to 10mtpa in 2010 with a terrible 5 year mining life to 2015. There total resource base is about 50mt of hematite between 3 mines. Share price upside looks great.