Gindalbie and Ansteel JV Equity contributions to date total A$1.33 billion. Page8
Strong Margin Product 11 • Different quality iron ore attracts different pricing, meaning cash costs are not always indicative of margin • Karara produces a premium quality, premium priced product
So we have put more equity into this world class project than our current market cap and we get a premium price for our premium product.
And you can get all this and more for a poultry 0.245 cps, go figure.
GBG Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held