GBG 0.00% 2.9¢ gindalbie metals ltd

gbg beats ago and fmg, page-45

  1. 897 Posts.
    Narghh, I haven't forgotten Riddick.

    That pellet plant is an essential expense to GBG and Ansteel, by way of KML. It is a necessary expense for production of a premium product. Hence one of the reasons hematite is more highly prized- less expenses all round.

    It is an asset but it will always be run as an expense as long as it is used for their own ore.

    You can bet your 'rse they will pump other concentrate through it if it is up and running before Karara starts delivering!

    Wouldn't you be in favour of that- I would be?
 
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