GBG gindalbie metals ltd
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So I thought I would ask GBG if the Magnetite yield they are...

  1. sdo
    354 Posts.
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    02/08/13
    02:50
    Post #: 12144761
    So I thought I would ask GBG if the Magnetite yield they are getting is higher than planned as a result of higher grade Magnetite IO being mined and unfortunately Mike confirmed that tests performed today resulted in a 40% yield on IO mined which is in line with that planned. If RDD was mining higher grade Magnetite IO as he implied you would expect the yield to be higher. This is not bad news, but reaffirms GBG's guidance. Maybe I haven't asked the right question? sdo
    GBG Price at posting: 15.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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