GBG
Click for more information
0.00% 2.9¢ gindalbie metals ltd

Platts Iodex 65%Fe, page-6

  1. samson
    374 Posts.
    lightbulb Created with Sketch. 19
    clock Created with Sketch.
    07/04/16
    16:30
    Post #: 17448448
    All i'm saying is if the current price for 66% purity iron ore is selling for 520 yuan (RMB). It converts to the current exchange rate of Yuan to AU to a price of $105.80.
    At that rate, GBG has to be making money - am I misunderstanding something here?
    GBG Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

BOE Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
right-arrow Created with Sketch.
MGU Collaboration in a green (steel) future the focus for Magnum and Saudi partners
right-arrow Created with Sketch.
NXG Cost blow-out for Rook I uranium project sees share plummet for NexGen
right-arrow Created with Sketch.
NEWS Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
right-arrow Created with Sketch.
NEWS Is oil undervalued?
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GBG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.