Ann: Gulf receives Provincial Government Approval-GMC.AX, page-35

I've heard that Pak might get 30% bandied around a bit, is this speculation or is it announced somewhere?
I know he has the option to increase his stake to 17% with a further 10 million.

We also need to remember he is not buying GMC
He is taking 10% (with an option of 17%) of the business away from GMC so it will not effect the share register at all just the bottom line (NPAT)
Very clever move by him as he wont be diluted by whatever GMC does in the future.

I'm ecstatic about today's ann and see no chance of him pulling out

Buying more