GBG
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0.00% 2.6¢ gindalbie metals ltd

Well with iron ore at $US50 per tonne and KML all in costs about...

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  1. The Mole
    723 Posts.
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    25/05/16
    21:48
    Post #: 17867881
    Well with iron ore at $US50 per tonne and KML all in costs about $US80 per tonne and exporting 8 million tonnes of hematite per annum, then that should last about 10 months! Losing about $US20 million per month.

    Hopefully the upgrade spending has increase FE content to 68%.
    GBG Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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