Samson
Why can't Karara stay at Nil value ?
What about the debt of Karara ?
All reports suggest that it is flat out covering its costs even at good prices
How on earth are they ever going to be able to reduce some of that Debt ?
I rate dividend prospects as Nil given the debt
By all means cheer the IOP but you must realize that GBG is out of the IO game
Suggest you look at MGX---high grade and dividend paying
High Grade iron ore, page-34
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