gindalbie seeks buyer for loadestone, page-2

Interesting.

I'm all for them selling Lodestone, don't need it given the size of Karara. Value though? $50m-$100m? Wouldn't be a lot, but the shared infrastructure must count for something.

I wonder if they are getting offers from Chinese mills with the idea of getting a ball park figure? Would make more sense is Ansteel just acquired it. FYI Lodestone is 100% owned by GBG, so it's outside the Karara Mining JV (which can give the right to use its Karara infrastructure).

Hopefully this is all part of the plan to get Oakjee built by a Chinese group.

ie:

Weld Range
Karara
Lodestone

Wouldn't even need Japan and Jack Hills.