"Re hash of info previously released to appease the minority"
Such perfunctory selective announcements would do little to appease a minority making valid criticisms.
"Clarification on jv direction obtained"
Definitely not. There is no indication as to whether the unresolved matters that are/are to go, before the courts(ie the elephant in the room not mentioned in the ann.) are affecting GGP's ability to get another company to enter into a JV with it. These other companies do due diligence examinations of GGP's operations and these things would be discovered before they enter into such arrangements.
How easy would it be to get another company to enter into a JV if the percentage interest in the PB and who is able to be the operator, are still subject to a court decision to be made on a date not advised thus far to the market?
"Update on cash and flow rates from Dec - current info would require price sensitive ann. "
There is nothing wrong with issuing a price sensitive announcement.
"info may be suppressed with the jv negotiations."
That is conditional. Nitro you should do some research and tell us what the provisos in the ASX rules are. Recent posts on the matter obviously didn't sink in.
GGP Price at posting:
1.3¢ Sentiment: None Disclosure: Held
