What are you on about Beardy? Of course we're all in this boots n all for Karara, nothing else. Yes GBG currently values the karara mag asset at NIL on the balance sheet...for the time being. It can't stay like that forever, especially if 66io price gets to around US$120+p/tonne. It may take another year, but high grade iron ore is only headed one way.
High Grade iron ore, page-30
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