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Hi Tibbs,"GMR have 35% of Royal, so will still only be exposed...

  1. PubLunchMan
    5,261 Posts.
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    27/07/09
    15:45
    Post #: 5435212
    Hi Tibbs,

    "GMR have 35% of Royal, so will still only be exposed to around 26% of the project ... pretty much the same as Drake."

    Difference being is that the Royal Group will be providing finance for Royal Falcon however Drake will be forced to dilute/raise funds for their respective share.

    JB
    GMR Price at posting: 6.7¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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