new announcement .. funding proposal, page-85

Major, appreciate you caution however in terms of:

"The 'fact' that shareholders were not previously informed of this until yesterday, is not very encouraging as far as transparency is concerned"

I personally feel you are going too far as every business would/should be developing strategic options in the current market, some of which come to fruition and others don't. Whether Ansteel or GBG itself thought up the idea first is of limited relevance IMO. The fact is both parties were willing to consider it as an alternative and are now analysis if it has the potential to be a win-win.

We find ourselfs in an excellent comparative position and the market will respond to this very quickly.

Cheers
Denial