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2.6¢ gindalbie metals ltd

China steel and iron ore futures soar, page-3

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TassieTwo

1,028 Posts.

27/02/18

10:28

Post #: 31371019
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Don'

Originally posted by valueadd ↑

The better the Iron Ore price - the more likely  the GBG  / Karara  valuation scenario will improve . ...and longer term hopefully , the better  for the GBG  share price .

Also quite a lot of talk in other places now regarding Magnetite projects in other places .

IF Karara is actually getting up to speed,  the projected valuations and costs of new projects being considered should add to highlight the embedded worth of Karrara .

Will be interesting IF the project can do more than the 8 mill odd tons per year . Original plant concept was for a spec of 30 million .

Dont know if that needed  a " phase 2  expansion"   & at what sort of cost

cheers

VA

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Don't know if the port could handle any more . I thought the 30 m concept was dependent on Oakajee being developed

GBG Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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