re: Ann: Ochre (OGH) Off-Market Bid for Gondw...
mmmm - the iron ore market does not look good these days.
the reality is, that there is no shortage of iron ore - it is all a matter of being able to get the ore to markets.
looking at the cross sections, then it is obvious that the iron ore that AGO have discovered at currunna downs , will be cheap to mine.
for what it is worth, but AGO, should simply offer 10c per share - and flog off the crap "other holdings" from gda... maybe sxg would offer $100,000 for the gold tenements at parker range - and that is all that they would be worth
GDA Price at posting:
5.5¢ Sentiment: None Disclosure: Not Held
