So what do all these numbers mean / point to ?
GBG is effectively quarantined from the main debt relating to the magnitite operation ? Do they share in any of the surplus cash if prices and volumes go up . One would imagine not ...as there is a whopping big hole of cash out thats been funded by the main partner & their bank ...which would need to be paid back first I'm guessing .
Maybe the upside for GBG is that if the main op got to be really viable ...their partnet would simply buy them out to get rid of them - as there is no value in having them a part of the big deal ?
Perhaps GBG should go find some lithium - what a combo cash & prospects
5-10 cents wouldn't be hard to imagine
Lol
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