GBG 0.00% 2.9¢ gindalbie metals ltd

gmac55If China , and by extension , Ansteel, does not need iron...

  1. 46 Posts.
    gmac55
    If China , and by extension , Ansteel, does not need iron ore due to lack of demand / oversupply , ore price drops.
    Even if we have rail and port , who buys the ore and at what price.
    And is GBG 's Port and ship loader problem free and running yet ?
    I admit I don't know the deeper machinations but Fortescue going " belly up " doesn't sound like an idea that would give any iron investor confidence ?
    The AGM 's will be interesting , if nothing else ,come years end.
    I wish I had more fingers ... just to cross.
    Regards to all and during these trying times , remember to breathe !
 
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