Ann: Karara Completes Sale of Transmission Line, page-10

Is that all you see as part of the valuation Digby, amount of money owed & the production issues ?

I see a 40 year mine with Infrastructure, transportation, port access. Gaining 100% ownership to this is a Chinese wet dream I would have thought in Australia, again if this is even allowed. That's how I value GBG holdings in the project, Sure Debt and production issues are a problem ATM, big picture is these issues are workable and can be overcome.

So what are we really selling ?

A massive foothold into Australian Mining that would not have been possible for Ansteel to achieve years ago. A firm / secure position that provides a base for further advancement.