upbeat presentation from jones, page-64

Only negativity I had towards Jones surrounded the deal that would have stiched up GBG shareholders with Sundance.

That deal benefitted SDL shareholders by reducing their risk and giving them access to GBG cashflow. It negatively impacted GBG shareholders by reducing their interest in their own company to only 33% while skyrocketing the risk- in exchange for a non JORC deposit in West Africa.

GBG shareholders prevented it luckily otherwise with the news now that small Aussie companies in Africa can't raise finance might have seen GBG's shareprice around 20c right now and facing problems it should never have had in the first place.

GJ and Ken Talbot were strongly in favour of the deal and by coincidence, they were some of the largest SDL shareholders.

GJ was so much in favour he couldn't even wait to change the name of GBG to Sundance, his preference because he didn't like the name- Gindalbie.

I said from the start it was a bad deal for GBG shareholders and I'd guess GBG's shareprice would be a lot lower now had the deal gone through.
Just look at SDL's shareprice now.