Ann: Letter to Shareholders , page-12

Bd
"owns a $300,000+"

In the presentation
http://www.cgt.net.au/IRM/Company/ShowPage.aspx/PDFs/1486-97153038/InvestorPresentationMinesandMoneyHongKong2012

"More than $400m has been spent by others developing a world class facility"

I read that management keep thier jobs. Perhaps get a golden handshake one day....
IMO only 2 winners here
- Management
- Liongold

And no doubt management will be spinning the BS telling everyone what a great deal they got for the shareholders, if they say it enought they themselves will believe it too.

IMO & DYOR