shorts run for cover on $300m loan news., page-3

gassin123, i have no idea why you can see GBG be 15c by 2015

Here are some facts:

1) Ansteel has total control on KML now that they hold 52% of KML and will increase as they wish

2) KML now has an extra $300 million debt

3) They were lucky to escape default by chinese banks this time but what about next quarter? and the next?

4) until they officially fix up the bottleneck issue, the cost of production will remain close (if not more) to current Fe price


It sounds like you're upramping here.