GBG 0.00% 2.6¢ gindalbie metals ltd

Break Even???, page-36

  1. 163 Posts.
    It could be something to do with the fact that KML would not exist if not for Ansteel financing. They may have struck a deal on the price that the KML sells the Ore to Ansteel. If that is the case not only have they taken a majority shareholding but they have also hamstrung the company so that they cannot sell to open market and must sell to Ansteel at a much reduced price. That would be very worrying for the future.
 
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