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0.00% 2.9¢ gindalbie metals ltd

My guess would be that KML are shipping more unprofitable MGX IO...

  1. sdo
    354 Posts.
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    20/11/13
    08:21
    Post #: 12592964
    My guess would be that KML are shipping more unprofitable MGX IO to achieve a shipping rate of about 10mtpa for October and November. No way would the Magnetite Plant be producing at any more than 4mtpa in Oct'13 since the moisture fix wouldn't be ready. I doubt they would have expanded their DSO operation otherwise why wouldn't they have done so earlier?
    GBG Price at posting: 13.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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