GBG gindalbie metals ltd
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  1. riddick
    871 Posts.
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    01/05/08
    18:32
    Post #: 3654487
    bund1234

    MMX NO1 in the midwest?

    I DONT THINK SO !!!!!!!!!!!!

    MMX has only a small resource 500km from port
    they could be stuck with very expensive trucking if the YILGARN railway issue is not resolved.

    on the other hand GBG is only 280km from port and it would not take much effort to up grade the exist railway from MOROWA to KARARA

    ref quote-"AT 8MTPA KARARA WILL BE THE WORLDS BIGGEST SEABORNE MAGNETITE CONCENTRATE PROJECT"

    note GBG output has now been upgrade to 12mtpa


    GBG Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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