davo, as you seem to know so much about this situation from KZL's side..One more question.
How is it that GGY have a director with legal qualifications, who is said to be one of Australia's leading mining resource lawyers,and still have allowed this situation to arise.
You may say that he is hopeless and I would certainly agree, but there must have been a very good understanding between the two companies from the beginning that they were in this as a JV operation.
It may or may not be legal , what KZL are doing, but it is certainly not ethical. But then, as you have said, there are no friends in this business, which is what GGY management and we as shareholders have found to our detriment.
I have voted no to the sale , as I still feel there are other ways for GGY to profit from this resource rather than give it away to a predator.
GGY Price at posting:
0.0¢ Sentiment: None Disclosure: Held
