lowest share price in over 7 years, page-32

gindaldan

capex blowouts are a way of life atm.

also lack of funding, port ,rail and high quality ore is a way of life for 21 out of 21 new big and small wannabe iron ore miners on my list.

non of these ore miners have started up yet for all the above reasons.

gbg is one of only a small clutch that has got into procuction and is actually shipping ore.

natural selection will keep the ore price stable as china keeps growth momentum at 7%+

also the australian economy is tanking hence the dollar will start its downfall.

in gbg case short term crisis is long term opportunity.

gbg only has to tread water for a while and then every thing will fall into place.

mw is in china so this means high level talks being conducted which means big news coming, imo t/o or finance restructure.