Australia's largest stock trading and investment forum Australia's #1 stock forum

GBG

Click for more information

0.00%

2.6¢ gindalbie metals ltd

About to break $80 mark, page-3

First 3 Last

Share
Profile

Follow
stratnew

533 Posts.

4

30/11/16

07:57

Post #: 20981732
Share

Originally posted by samson ↑

IO is about to break the magical $80 WMT mark probably in the next day or two.
This has to be good news for GBG as China's property market is apparently starting to rebound.
If several people here have suggested that break even is somewhere around the $80-$85 mark (including all expenses), then shareholders could well be in for a rollercoaster ride early next year.

GROWTH FOOTING That could push spot iron ore to well above $80 a tonne, traders say, as buyers seek more high-grade material to cope with high coking coal prices. Iron ore for delivery to China's Qingdao port <.IO62-CNO=MB> climbed 3.5 percent to $79.61 on Friday, just off the two-year high of $79.81 on Nov. 11, according to Metal Bulletin.

Expand

yes all the experts on sky business are saying iron Orr prices will hold up in 2017

GBG Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

There are more pages in this discussion • 8 more messages in this thread...

First 3 Last

Add GBG (ASX) to my watchlist