not too sure what is happening these days - but on lateline business tv, the other day, there was a story about the falling price of iron, and the cost of production for some producers.
sadly, AGO were mentioned as a high cost producer. watso has no idea how that will affect gda - except that development has been pushed further backwards .
from what watso can see, from the cross sections, is that at corrunna downs, is that there is a lot of iron, that can be cheaply mined .
it certainly makes sense, that someone (ie ogh) is interested in the company - but that is a minnow chasing a minnow - but worth a punt
TOV Price at posting:
0.0¢ Sentiment: None Disclosure: Unspecified
OGH Price at posting:
3.0¢ Sentiment: None Disclosure: Unspecified
GDA Price at posting:
5.5¢ Sentiment: None Disclosure: Not Held
