Hi Whitelight I choose to look forward and not back ! Recent announcements by the company in my view is progressing well. Mr Gandell is buying in and so am i as this man has proven himself many times and in actual fact his whole family has. Independent technical advisers for the consortium of banks appointed on the 2/4/2013 as per asx announcement. Strong buy my thoughts from following recent asx announcements by the company.
Egyptian banks to fund Gippsland tantalum-tin project February 04, 2013
A syndicate of four Egyptian banks has agreed to finance Australian company Gippsland’s tantalum-tin project at Abu Dabbab.
Bank Audi, Banque Du Caire, Banque Misr and Commercial International Bank have formed a consortium to support the project, known as Tantalum Egypt (TE), in raising senior debt financing for the development of its initial phase. Gippsland is now in negotiations on a draft indicative term sheet from the consortium in relation to the deal,...
AR1 Price at posting:
1.0¢ Sentiment: ST Buy Disclosure: Held
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