GBG gindalbie metals ltd
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article from abc news, page-12

  1. tmc19
    164 Posts.
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    20/03/14
    14:17
    Post #: 13152573
    Gassin,

    "if GBG ends up with only 25% of KML by 2015.
    after Ansteel Pays 200m for the entire Name-plate capacity referb ..it takes another 13% ownership of KML leaving GBG with 25%"

    I'm not sure why you think GBG will be debt free. If they own 25% wont they own 25% of the existing debt also.

    Please elaborate?
    GBG Price at posting: 6.5¢ Sentiment: LT Sell Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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