only 125m blowout, page-3

No, 2010 cost review was A$1.975 billion, it is now A$2.57 billion.

Total blow out is A$597 million. Hence GBG needs to fund $A297 million.

"Gindalbie is considering equity alternatives that would give shareholders to participate on an equitable basis".

This suggests a rights issue.... At least we get to contribute in it. No debt funding it seems. $297 million @ 80 cents = 372 million shares. Not good. I hope the shareprice rallies higher before this announcement.

I will take up the issue though.