gbg as cheap as dirt, page-29

Mojo
I like your posts. I decide what I take on board from all post and sift out what I dont want. It is good to get all opinions. That is balanced.

You are correct about moisture. Atlas is about 7%, GBG is about 4%. Anybody correct me if I am wrong. This is deducted from the published iron ore price as it is Dry Metric Us Ton. About 4% in GBGs case.

Quoted IRon ore price is currently $114.70 for 62% iron.Our haemetite grade is better than this so will score our premium to this price. Our DSO is less than 62 so will be sold at a discount to the 62% price,

Keep posting
Gmac