I'm not a regular poster, but I just get tired of the topic constantly arises on this forum that people keep asking why Ansteel just doesn't sweep up the rest of GBG. Even with the MC at an all time low, why does anyone think that shareholders will let go of their hard earned shares at these ridiculous bargain basement prices? Ansteel can gladly take up my load of GBG shares at a minimum of 25c. Yes that is 10 times the current price.
And yes, the IO price is shocking at the moment, but it wont stay like that forever. We just need to ride the rough waves. All the other minor IO explorers are also getting smashed. With ship loads now improving month on month, the AU$ going in the right direction....we just now need the IO platt price to rebound and I can see Karara making some decent money in the not too distant future.
GBG Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held