Second sentence is simple when a commodity starts to move in a certain direction break up or break down it always seems to overshoot reasonable and sensible levels. So with Iron Ore breaking out it wouldn't surprise me to see a price over $100/t
Second paragraph well the company has said themselves they are not an active iron ore company but rather a passive investor in the project and have made it clear they are targeting new commodity projects in base metals and battery tech space it's all there in the announcements
GBG Price at posting:
2.8¢ Sentiment: None Disclosure: Held