its not what they would like us to beleive, page-30

Maybe my last few posts are to wordy to be clear.

IMO there is a real risk at the moment that Chinese may have pulled their funding.

What happened to the 12 month bridging loans?

It is possible that the Chinese have figured out they will never get their money back from GBG so have pulled the pin on the bridging loan arrangements. Read the funding announcements people. The promised life-line seems to have been cut.

Why doesn't the company clarify what has happened?

It may not be as easy as putting your hand out for more cash in exchange for further dilution.

I hope for shareholders sakes it is not as tragic as I'm suggesting, but you've got to keep your eyes open in these situations, particularly if you've got big $ invested. There is more than an infinitesimal risk here of losing the lot.

Maybe a full take-over is the only sensible solution to the current funding impasse. Lets face it, last bridging loan $84 million, principal repayment due in Nov $63 million, current market cap ~$200 million, numbers just don't seem to make much sense to me anymore.

SilentO

P.S. This is not investment advice, it is my opinion only. Do not rely on any of it. Please do your own research or seek professional advice to suit your specific investment needs before making any investment decision.