GBG 0.00% 2.6¢ gindalbie metals ltd

Ann: Trading Halt, page-22

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 993 Posts.
    lightbulb Created with Sketch. 72
    From what I know is that the email sent out by the CEO was translated incorrectly.

    My take on the situation when i read between the lines is that Ansteel will no longer be funding Gindalbies portion of Karara.

    I personally think because that 5th motion in the AGM recently failed that Ansteel are going to force Gindalbies hand, and will end up handing over the rest of Karara for virtually nothing unless their portion goes up for sale and GBG moves into suspension.

    Sorry to say but I think your share in the Karara project is finished one way or another.
 
watchlist Created with Sketch. Add GBG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.