i'm sorry guys, but i don't know how any GBG shareholder can be...

i'm sorry guys, but i don't know how any GBG shareholder can be positive about it at this stage

From what i just read, looks to me Ansteel's facing a tough time securing the further $300 mill loan to further survive this quarter - ie. if they cant get the additional facility, then the Banking Syndicate can call this the event of default. They already failed to cover the debt service cover ratio for the december quarter.

I think fixing up the tailings, let alone upgrade to phase 2, would be the least of their worries