GBG
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0.00% 2.9¢ gindalbie metals ltd

qtrly report

  1. Lokidog
    92 Posts.
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    18/04/08
    13:48
    Post #: 3603198
    well now we know how GBG will finance their share of the JV - "under the JV, GBG can request Ansteel to provide finance for its share of equity contributions...given the current state of equity markets, GBG anticipates that it will exercise its rights for Ansteel to provide finance to GBG and negotiate terms of this finance in the June quarter. The strength of this right allows GBG to avoid having to raise equity in a weak market and avoids unnecessary dilution to existing shareholders at current market prices".
    GBG Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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