GBG 0.00% 2.6¢ gindalbie metals ltd

Ann: Scheme of Arrangement and Demerger, page-65

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. 4,987 Posts.
    lightbulb Created with Sketch. 139
    Hopefully the dirt cheap price gets someone with a deep pocket interested.

    KML is zero because Ansteel wants it that way. If another steel mill wants access go the magnetite it could be worth $50M.

    There is a long list in wikipedia.

    Does Ansteel actually own 100% offtake or can GBG assign their percent to someone else. Besides that another steel mill could challenge the price being paid for the product is sold for. Whereas its harder for GBG aa they not a user or regular buyer of the product.
 
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.