what i would have done

If I was chairman I would have sold our entire stake in karara lets say for 200 mil and maybe a $2 tonn royalty. With the cash develope satelite depisits such as shine, we could have negotiated a rail and port deal at the same time as the karara sale. This would save gbg any future cash calls for karara, money in the bank and maybe a 1mtpa mine in shine.