GBG
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0.00% 2.9¢ gindalbie metals ltd

gbg - cost basis and break even, page-2

  1. bryanfuller1983
    10 Posts.
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    04/07/13
    18:05
    Post #: 11965979
    I made a slight error on the break even:

    Sensitivities based on iron ore price:

    What is the lowest iron ore price that GBG can manage?

    ($76 /1.2) + $6.6 = $69.93US per ton (divide by 1.2 to account for 20% grade bonus)

    ----------------------------------
    Above is my opinion only
    GBG Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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