GBG
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0.00% 2.6¢ gindalbie metals ltd

Cash flow positive !! Magnetite production cost 59 USD per tone...

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  1. kallan81
    57 Posts.
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    29/04/16
    11:39
    Post #: 17631037
    Cash flow positive !! Magnetite production cost 59 USD per tone !! normal iron ore is 60 USD + per tonne so surely magnetite attracts a higher price ??.. Its about time they put a price on production cost, all those rumours it was 100 per tonne !! Old mate Linn Li thinks its a good punt any way !!
    GBG Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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