GBG gindalbie metals ltd
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Be wary of iron ore price forecasts, there is nearly always self...

  1. hws
    613 Posts.
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    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

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