GBG 0.00% 2.9¢ gindalbie metals ltd

In response to Oslo's costs for GBG's magnetite production which...

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    In response to Oslo's costs for GBG's magnetite production which includes $ 18 interest and debt repayment per ton, debt repayment is not part of the cost of production. Interest cost is probably around $ 8 per ton based on an 8MT output, and half that if they get to 16MT. Not sure how only his broker can come up with his costing.
 
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