GBG
Click for more information
0.00% 2.9¢ gindalbie metals ltd

Be wary of iron ore price forecasts, there is nearly always self...

  1. hws
    613 Posts.
    clock Created with Sketch.
    23/06/13
    12:34
    Post #: 11917279
    Be wary of iron ore price forecasts, there is nearly always self interest heavily loaded into it.

    As far as GBG goes IO spot price of $US120 with exchange rate of $US0.92 + premium price for magnetite = $A157.

    Against that there are some loans which are in $US which is a negative.

    GBG Price at posting: 12.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS High-grade copper-gold at Mt Isa North—grab samples hit up to 30% Cu and more, with drilling set to begin
right-arrow Created with Sketch.
NEWS Eagles Nest drilling confirms high-grade gold with shallow mineralisation expanding, delivering multiple strong intersections
right-arrow Created with Sketch.
NEWS Solar building envelope order secured for iconic WA project—discover more about this groundbreaking solar solution
right-arrow Created with Sketch.
NEWS Exceptional rock chip assays at Pearl Copper Project—up to 930 g/t Ag and 10.05% Cu in Arizona
right-arrow Created with Sketch.
NEWS Drilling kicks off at Goldsworthy East—30 holes planned to unlock major westward potential
right-arrow Created with Sketch.
RCE Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GBG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.