Whilst I agree with you that we will most likely see Iron Ore over $100/t simply because once these things break out its very hard to stop them despite all the analysts saying its unsustainable and expect a big fall, Coking Coal being the prime example of this
That being said I'm starting to view GBG as less of a Iron Ore company and more like a large 2.5c cash box looking for new advanced base metal and energy metal projects with a highly leveraged option on the iron ore price being Karra
GBG Price at posting:
2.8¢ Sentiment: None Disclosure: Held