MMX = 380MT resource 500km to port by very inefficient low capacity truck transport. MMX mktcap = $1.8B
GBG = 2.8BT resource, 280km to port by efficient high capacity rail. GBG mktcap = $425M
SOLVE THE PUZZLE !!
the story is still unfolding, not every thing is as it seems in the midwset. infrastructure is not a done deal.
infrastructure wars, take overs, consolidations, chinese vs japanese, egos, governments, all in the melting pot which will heat up and boil over at some time.
however in the mean time GBG imo being in prime position will forge ahead and get on with running a highly efficient mining op.
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held