ceo update all postive, page-2

Flick,
The fact that no-one wants to sit up and listen is exactly why they put out that update! They are trying to arrest the slide in sentiment, and so far it's not working, because 95% of the news was known.

I agree that "dirty" is not the most appropriate word to describe the merger but I understand Sandma's frustration.
Maybe "Opportunistic" describes it better!

A bad taste that was left in my mouth was that Lodestone was left completely out of the merger details.
Lodestone will be worth more than half of what Karara is worth to GBG, but it was awarded 'no value' in the merger. It was totally ignored.

All of a sudden, when they are attempting to stop the sp slide, Lodestone has come up with a 1 billion tonne resource now - even though they haven't released any results re. size yet.

That's one of the factors among many others where people got the idea that all was not transparent nor beyond reproach.