GBG
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0.00% 2.6¢ gindalbie metals ltd

Ann: Contingent Liability Update, page-4

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  1. valueadd
    2,896 Posts.
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    30/03/18
    08:31
    Post #: 32137204

    I just re read the announcement , which l find quite confusing .

    Does this mean that there is a new line of 300 mill being drawn against Karra ( and guaranteed by Ansteel ) . In other words a debt increase of 300 mill . ?

    Or is it effectively a roll over of an existing debt ?

    Any comments appreciated

    Cheers

    VA
    GBG Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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