GBG 0.00% 2.9¢ gindalbie metals ltd

karara agreements with western power

  1. 42 Posts.
    Hi, new member on HC but have followed forum on GBG for sometime now. Does anyone have any update with reference to GBG Announcement dated 30/04/12 whereby KML stands to receive $86.4 mill from the sale of the Eneabba to Three Springs line and up to $40 mill refund for KML's contribution to the Three Springs Terminal Substation from Western Power. In that announcement proceeds are expected from these asset sales in May 2014. Would be smart if they could initiate talks to speed up this transaction and prop up their cash flows.
 
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