Ann: Trading Halt-GXY.AX, page-365

Anthony put a round about price on Sal De Vida in his CTMS2016 video. I think it was the excess of $186 million out of the current GXY market cap based on GMM value.

It was interesting that he presented whilst talking a bit about GMM.

Would it be possible that GMM would be merge in as the rock mining division and GXY would do the marketing and focus on Sal De Vida? Though, it's like that anyway so what's the point of the merge?

There is no doubt that shares in the market is a draw back for the company already.

The company cannot buy back those shares right now so it would be best making a few adjustments.