GBG 0.00% 2.9¢ gindalbie metals ltd

new announcement .. funding proposal, page-86

  1. 141 Posts.
    I'll apologise in advance if I soud ignorant, as I'm fairly new to this. Is it possible though that a negotiated alternative would be a reduction of some debt by GBG through issuance of shares to Ansteel at a premium price whilst retaining the majority position. This would be a possible approach rather than selling out to Ansteel under their terms? Maybe I'm wrong!
 
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