GBG
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0.00% 2.6¢ gindalbie metals ltd

Ann: Annual Report to shareholders, page-19

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  1. J L
    35 Posts.
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    13/10/14
    12:03
    Post #: 14115551
    No but:

    According to UBS estimates, published by The Sydney Morning Herald, Australian miners Grange Resources (ASX:GRR) and Gindalbie Metals (ASX:GBG) are facing uneconomic production, with break-even prices of $87 a tonne and $98 a tonne respectively

    http://www.smh.com.au/business/mark...-iron-ore-to-twoyear-low-20140827-108tmk.html

    Regards J L
    GBG Price at posting: 3.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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