new announcement .. funding proposal, page-61

if they were that confident about iron ore demand going forward they would not be so interested in being debt free, they would instead demand ansteel finance gbg's share of the final equity injection...in any case why this was left so late is another question, namely was ansteel trying to get gbg over the barrel, perhaps so,checkmate ansteel, so much for the great relationship haha what a joke these agreements with the chinese have become, they bind only the aussies while the chinese do whatever they want when the terms no longer suit them