Hi Major, SDL and GBG deal is dead.Here, what it's said in 'Half...

Hi Major,


SDL and GBG deal is dead.

Here, what it's said in 'Half Year Accounts':

"Proposed Merger with Sundance Resources

In September 2007 Gindalbie announced a proposed merger with Sundance Resources. Following
due diligence undertaken by each of the companies and feedback received from shareholders of
both companies, the Boards of Gindalbie and Sundance decided not to proceed with the proposed
merger.

Minjar Gold and Base Metal Project

During the half year the Company received the third and final instalment in the amount of $5 million
from Monarch Gold Mining Company in respect to the sale of the Minjar gold and base metal
assets."

link:
http://tradingroom.com.au/apps/qt/quote.ac?code=gbg
22/02/2008 18:02 asx Half Year Accounts


Cheers