What I mean is-
the BFS was said by GBG to show a robust ROC based on 2007 IO prices. IO prices for 2009 should stay above 2007 prices most likely, and GJ even assured us it will actually rise by 10% on 2008 prices.
GBG also tells us all other dealings with Ansteel remain unaffected.
So what is the problem with sticking to what was proposed and confirmed in the BFS! How will the dilution affect the NPV of GBG shares as per the BFS?
If nothing else has changed as they tell us apart from Ansteel's new proposal, why should they even consider this at anything less than an outstanding price for shareholders?
What I mean is-the BFS was said by GBG to show a robust ROC...
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