Ann: Expected Impairment of Carrying Value of Karara, page-26

If Ansteel want to take 62% ownership of Karara they have to pay $3.03 per share from GBG , They paid $4 dollars something to increase from 50% earlier in the year. If you think GBG will sell for 10 Mil 1c a share I think you are way off ... If Ansteel want to own Karara outright they will have to pay a premium why would they pay 4 dollars for shares when GBG was 15c and $3 dollars for shares when GBG are 5c ?? I think if everyone chills out and stops being so negitive the share price might actually recover. Failing that if you cant afford to loose money maybey you should go buy a rental property and stop spoiling my day with your doom and gloom have a nice day and stay positive !!!