Seems a bit disappointing that our partener is putting money in the bank for the next phase when we are struggling to get enough cashflow to finish stage one.
I have always wondered where the money is going from ore already shipped. Seems like in the bank while we give Ansteel another 2.7% of the project.
When we expand they will have an extra 2.7%of that for nix.
Seems like we are being suckered.
Cheers Gmac
GBG Price at posting:
13.0¢ Sentiment: None Disclosure: Held
