GBG gindalbie metals ltd

gindalbie seeks buyer for loadestone, page-7

  1. 2,243 Posts.
    The concern is that they need this money. It appears to be a sale to raise funds not a sale of excess assets. If it were that great they would keep it & develope in 10 yrs when OPR is up & when they have paid off Karara

    Is it saying we will have another contribution payable of Karara or is it saying GBG on it's on would like to increase it's cash position. very different reasons

    Doesn't seem right that they want to sell it now. Bit of a worry IMO
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