I don't think its FMG specific sdo. I just think sentiment for the whole IO sector is swinging in our favour at long last. The way things are headed with currency movements and the IO price we could be looking at $100 profit per tonne of KML mag concentrate in the not too distant future. Crunch a few numbers with that and you will soon realise that GBG is overdue for a serious re-rate. Maybe we are seeing the start of it!!!
GBG Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held