GBG gindalbie metals ltd

They have paid $39million for 65 million GBG shares a while...

  1. 369 Posts.
    They have paid $39million for 65 million GBG shares a while back, and now have made the first $50million instalment.

    Do you think Ansteel would have already thrown $89 million into GBG with no intention to develop the mine? If Karara doesn't go ahead this stock will tumble and burn, thus Ansteel basically lose $89 million unless another Chinese company decides to back...

    UNLIKELY.
 
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