If GBG start reporting monthly shipment details, the next question will be, how much revenue have these shipping results produced and we all know that GBG has not made any revenue announcements for magnetite which I believe is a major concern! Especially since Ansteel is a major shareholder of KML and they have an exclusive supply agreement for the supply of IO from KML although KML could sell 30%..... If I was cynical, I would be concerned that GBG has something to hide and are not getting the revenue expected from the IO shipped otherwise why wouldn't this information be released?
GBG Price at posting:
12.5¢ Sentiment: None Disclosure: Held
