GBG 0.00% 2.9¢ gindalbie metals ltd

new management, page-22

  1. hws
    613 Posts.
    My point about hiring outside people is that from memory I believe that there is very little magnetite is produced outside of China and what is mostly comes from small producers ~3mtpa, (although one in Montana or Minnesota was going to be bigger) and these were built some time ago. The mineralogy is quiet different aswell - so I don't believe there is a large pool of people out there commissioning very modern 16mtpa + magnetite plants. Apart from all of that australian mining personnel are the best you will find.
    These problems seem to be design faults - not uncommon in new plants, it's just that a company like GBG can not sustain them
 
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