Maybe No Danger Will Robinson, page-4

GBG has 3 ships coming into Geraldton in the next little while but none booked after 20 July. Since I have been following the shipping movements for 3 1/2 years, this is the lowest number of ships in line.

Two reasons -
1. There may be a glut of ships available and therefore no need to plan too far out as desperate ship owners will drop shipping fees, so keep ship owners hungry; or

2. Karara has decided that they can't keep on burning shareholder's money.

Not sure which one, but will be flagged in the next week or so.

Quarterly report will hopefully tell us, but the directors have not been forthcoming in the past so will it change now?

How's this for a bit of pure speculation?

Quarterly announcement will advise of purchase of gold mine or small gold producer with great potential! But lithium would be better! But anything is better that iron ore.