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2.6¢ gindalbie metals ltd

Either way 4.4 is a long way off. My understanding is they went...

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gmac55

983 Posts.

12/10/14

00:14

Post #: 14111971
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Originally posted by albalad ↑

They should be producing 8 million tones by now in stage one (not 16 million - that's stage two).
They should still be getting a higher price for 65 - 66% Fe. It is a good question to ask the company though and see what the response is ?

I see Barnett is threatening a higher royalty on DSO - had to happen IMO. Someone has to save these so called Managers at Rio and BHP. I wouldn't let these muppets run a corner store - can't even get their collective feeble minds around a simple concept like supply and demand.

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Either way 4.4 is a long way off. My understanding is they went straight to stage 2. That's why all the extra money

GBG Price at posting: 3.2¢ Sentiment: None Disclosure: Held
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