GBG 0.00% 2.9¢ gindalbie metals ltd

turn around stocks in 2013, page-16

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    "overnight iron ore price at $158 '

    But how does that relate to the iron ore price GBG gets, as need to take itno account GBG is mainly magnetite (not hematite) and also obvioulsy finer grade (not higher priced lump) and subject to an off take agreement so not a spot price ?
 
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