Ok here's my take on what will happen and this is just speculation.
1) When it becomes un-economic to run plant it will close/mothballed.
2) GBG won't be able to meet its debts, then bankrupt and xxxxxx will clean up other shares cheaply or with a slight premium
3) plant will stay shut while xxxxx can buy product cheaply from other suppliers. As price rises of IO other companies will start to develop new mines and investors will again be drawn to the new float.
4) Karrara will come back and produce when xxxxx thinks IO has risen far enough, flooding markets and causing the new ventures to keep raising new capital.
Does anyone see a pattern here!. This is business and it happens across ALL industries. Has in the past and will most likely happen in the future.
This is all just speculation and DYOR . if you listen to my rants it's at your own choice.
Cheers
CONFUSED
GBG Price at posting:
3.2¢ Sentiment: None Disclosure: Not Held
