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Yes harlee, we all know where GBG is headed!!!!!!!
Good luck with your investments.

GBG got a feature on Channel 2 Lateline Business last night. The GBG SDL merger was mentioned as well as Ansteel deal, the signing in front of the Aus. and Chinese dignitaries, and some background on GBG and SDL. Good publicity for all concerned.

The market is taking notice of GBG more now and once this "Fortescue Mark II" catches on, well, we will be laughing all the way to the bank!!!!!!!!!

Macker, I don't think GBG can fund the SDL venture from their own profits.
2010 will be the first full year of revenue from the sale of 2-3 mt of hematite from Mungada. From that, GBG will get only 50%. Karara due to ship in 2010 so any cashflow left after debt repayment etc. will have to go towards speeding up Karara, Lodestone etc.
Karara will only produce their first full year of cashflow in 2011, once again GBG share is 50%. Cameroon is also expected to be up and running by 2011.

The money to get Cameroon up and running will have to come from somewhere else other than Karara profits since they will both be developed virtually in tandem.