Well that article is a bit off. It should be valued at DSO...

Well that article is a bit off. It should be valued at DSO equivalent. The reported 1430 represents only Karara and its magnetite, which means it isn't valued at the $9 per tonne as mentioned. However I like their enthusiasm, but GBG said we are now targeting 2.2 to 2.8 billion resource at Karara (although MIS is targeting a 250mt resource of DSO).

Blue hills is around 111 million tonnes, and I think Mungada is a 18 to 23 million tonne resource (off top of my head).

However I can't complain, at least a media source realises GBG is significantly undervalued.

If GBG ever hits their 35mtpa (say 22mtpa 100% GBG) operation I will retire very nicely and be below 40. Although I'm sure a lot of other true believers here are in the same position I am.