I would have that this would be good news for GBG but the sp is still going south:
"The fledgling magnetite iron ore region will see $176 million for the energy project, of a total $443 million to be allocated over time, in what the treasurer called "the most significant electricity transmission project in Western Australia".
"It will benefit the entire nation by unlocking significant investment in the Mid West region, including the Karara magnetite mine," WA Treasurer Christian Porter said."
GBG Price at posting:
43.5¢ Sentiment: ST Buy Disclosure: Not Held