GRL 13.3% 1.3¢ godolphin resources limited

Ann: Market Update, page-15

  1. 3,329 Posts.
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    Hello @niclou
    I do believe that you are well connected and in the know.
    I certainly would resist any takeover of GRL, and I am sure the top 20 are united with regards that, the numbers would have to be compelling.

    However, there are other options available and what comes to mind is:
    - selective resources to JV.
    - Selective resources to Toll Treat through other existing plants in the area.
    - To sell non core assets.
    - To go it alone on the very big deposits using a combination of the above for the satellite lesser deposits which is what I think will happen.

    Have a great day mate
    RED
 
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