People are realizing that this might just work . Baring in mind that this company will be around the next 30 years !!! With so much possibilities . I know alot of people don't trust the Chinese but for now, they're doing everything right by us . If Ansteel really want to take over GBG they would have already done so when it was 9 cents .
Because there's so much red tape involve in this investment , I don't think Ansteel will want to risk it . Technically they own 85 percent of the company ( 50 JV and 36 percentage in GBG)
That leaves 64 percent of free floating shares in gbg !! ( obviously billions of share issue )
Lets just hope that ramping up to phase 2 will be in 2 years when we have everything under control !!
I change my sentiment from hold to buy
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