They would never have asked for a TFN because they KNEW that GBG...

They would never have asked for a TFN because they KNEW that GBG was never going to make any money and pay a dividend especially after they wasted $AUD 1billion on construction cost over-runs and investing $100's million on upgrading Stage 2 which GBG paid half for but will never gain any benefit.

To put it crudely, we have been right royally screwed over.

But it appears from the shipping they are still stuffing up the export of the material. The number of hours between ships docking and departing for the ships since July 1 are as follows:
Hours for ships: 97, 27, 72, 53, 72, 40.5, 99, 136 and 72 hours. For an average of 74.3 hours.
Of the 916 shipments since Oct 2012 the best turnaround is 23.5 hours
The optimum 51.43 hrs.

The thing that really annoys me is the total lack of disclosure by the management of ALL the real costs being incurred. It could be said that they failed in their primary responsibility to shareholders in not advising of the actual costs, but hid it behind the smokescreen of the KML company.

They must have known in late 2013 what the all up price of production was, but did not reveal it. They never revealed it until the Demerger. However someone knew because the price of GBG shares dropped to $0.10 on 31 Dec 2013 whereas on 7 January 2013 it was $0.345 per share.

The early shareholders were given no chance of getting out.

Now GBG is dead everything has been swept under the carpet.

And we are now stuck with the same crowd managing copper and cobalt deposits.