re: Ann: Quarterly Activities Report - Decemb...
On the financial report 4.3 "loan to other entity" , who are they lending 50 mill to? Won't this make their $70.88 mill drop to only 20 mill?. Will they be getting interest paid on it? , unless its to some mate?.This could be why the Cap.Raising was required?, Anyone got any opinion,or am I reading it wrong?
It also seems they might be working on 90 days for payment of ore, but given shipping report, good funds due to come in and at least the ore has been sold above the $86 IO lows.The next report will show the true costs.
Not bad overall
GBG Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
