Im relatively a small holder here and missed topping up recently. MC seems small hear given the current position of GMM. I considered both GXY and GMM a month ago and chose GMM. The sp performance this year has been awesome and missed by me. On this thread, we see that the cost of mine was 145 Mill. and 200,000 tpa, or did I read this wrong? With combining Mt caitlan and JB then to have a 400,000 tpa mine. Are not the figures small when Pilbara Min is 2 mill tpa from PFS and some what higher possibly? Given their mine and amenities and infrastructure is estimated at 184 mill; I seem to be wondering if I have something wrong with my understanding.
I would welcome some explanation here to clear my thoughts and unfortunately I am not getting much time on HC of late.
GMM Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held
