GBG gindalbie metals ltd

Im in for the exact same reasons. We will know the fate of GBG...

  1. 5,497 Posts.
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    Im in for the exact same reasons. We will know the fate of GBG tomorrow, ie whether Ansteel fronts up the final equity payment. If it goes through I doubt we will have any problems for the final loan from CDB. The previous 1.2 billion (now 1.4 billion) is not signed. The final terms and conditions are being delt with now. Ansteel and CDB executives were in Perth around 2 weeks ago for this. Read the quarterly, puts a lot of confidence if you feel uneasy.

    I'm out of SDL and AGO. GBG is unquie and I doubt you will see any other such offtake agreements occur for a long while.
 
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