We are integral to Ansteel. If we suddenly hear nothing about...

We are integral to Ansteel. If we suddenly hear nothing about our CDB loan and the final Ansteel instalment, then worry. Until then Ansteel, GJ n co, and the bankers at CDB know more than we will ever about the "real" demand for iron ore and the fate of GBG.

Seeing FMG, RIO, MGX, and BHP fall today was concering. However BHP was at these levels earlier this year and they have spent billions on Raventhorpe for nothing (now), RIO and FMG are loaded with debt, and concerning investors. MGX is a sound small scale producer, however its resource size stinks. GBG is a viable operation even if iron ore prices fall significantly, and we have the best possible partner for it. Remember that.

HC is loaded with sky falling posts, espicially today. Its best to "tune out", just like I have. I know why I invested in GBG and remain confident on our role to the urbanisation of China.