OB what is your view of the report?
I summarised (in laymen terms) as reasonable that they aren't currently producing and even more encouraging that the year end loss is minimal considering this situation and exploration activities continuing.
I am definately encouraged that they continue to report that they will be internally funded as Ansteel are obviously on their bus in a big way.
Debt exposure doesn't seem to be a problem.
Considering we are looking down the barrel of a potential 1bt resource of magnetite with guaranteed custom and support, without the 76%/24% problem of ARH, GBG is seemingly the one to watch with a great future.
What is your professional view? Agree or have I had too much wine again?
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OB what is your view of the report?I summarised (in laymen...
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