true value of gbg, page-9

Major/Rid

1. Seems most IO stocks up today, BHP the exception
2. GBG not up as much as others. We come back to the credibility thing. GJ will have to be brewing up some other plan following the merger failure with SDL. Well at least that's what I would be doing. 'Cause unless they announce they are going to buy a resource or merge with another player, they aren't going to go anywhere for a while. The market clearly not impressed by the African affair and IO bugs have gone elsewhere........
3. Agree that GBG taking the softly softly approach with the WA govt and will come out better than MIS/MMX from this. Would love to see GBG and MIS merge, but how likely given that there are 2 differing chinese interests. Economies of scale may dictate in the end though.
4. A rather cynical view Major on the SDL affair, I think. To be a truely great entrepeneur you need to have the vision others don't have. Sometimes you are ahead of the market and in 2-5yrs from now, if the "marriage" never eventuates, we may all turn round and say why didn't we listen to GJ? Whilst the sp of GBG may have lost out in the short term, I gain comfort actually from knowing that GJ has a connection with SDL and this can always be re-looked at down the track........
5. Like your point Rid about the suppliers of 1st choice......

Well we live in exciting times and GBG will continue to excite with the likes of GJ at the helm.