a difference a day makes, page-31

Short term view? you're kidding. Been in since 2007 and capital raisings.. Not a single long term holder (even 1 year) would be happy with management.

Disaster after disaster.

As I said, this deal beats a cap raising. But the issue is more and more hiccups are occurring, and we are are treading water. Some real risks here now. If the market liked the announcement we would have surpassed 20 cents yesterday. The loan keeps us solvent, but we have a debt repayment later this year. I'm fairly certain we will lose that 4.5% interest in KML too. No way GBG can fund that loan without a raising. Shine isn't worth 60m, and Lodestone even less (be tough to sell it to anyone given the current environment).

I'm furious. I'd be insane not to be.

I'm not 'talking down GBG'. I am stating the facts. I won't sugar coat bull$%^&.