Well, Nothing much positive to say about that.Shocking to think...

Well, Nothing much positive to say about that.

Shocking to think that a patch of dirt and resources in the middle of the Congo Rain Forest with nothing else(Sundance Resources) has a larger market cap then GBG. SDL M.C 304 Million GBG M.C 179 Million.

Small positive is it looks like despite the cash burn they are trying to avoid a call on us shareholders (if they did it would just gut us even more!) . I think Netscher clearly meant Ansteel and GBG as share holders not us. "We remain committed to assisting KML to source suitable short-term funding options,to try to avoid the need to call on its shareholders again."

So surely if more capital is needed it would come from the loan Ansteel ($30 mil) just gave GBG to buffer its bank account first.

Its on Life support not dead yet. Certainly riddled with fleas and other vermin. If they can get it going without another Cap Raising it will have life. Projected GBG share of EPS are 50% or more of current share price. Big if though.