gbg - an acquisition target for ansteel, page-21

It composes about 1% of Australia's iron ore exports as a project. If there are only a handful of companies that would be blocked then gbg won't be one. At the moment I believe they fall below the review threshold of 200 mil. Having said this, if they low ball on the offer then they would get bad pr and have no favours from the gov for 30mtpa expansion. I'm sure ansteel would be aware the importance of paying a fair price if they of try to take over