gindalbie seeks buyer for loadestone, page-14

I'm intrigued also that no ASX announcement has been made.
It suggests to me that a buyer of Lodestone has already been found. The critical issues today for its development are infrastructure ...principally transport to the port and loading at port . The logical acquirer of Lodestone is Mount Gibson whose name regularly appears on Gindalbie's presentations . Given that Mt Gibson has now an expanded and additional berth at Geraldton and that they are sitting on $500m of uncommitted cash ....I wont be surprised to see a deal done . Hopefully GBG can retain some residual equity in Lodestone.
still buying GBG.