GWR 2.27% 8.6¢ gwr group limited

gts_man, I think you're right with your prediction that it is...

  1. 1,573 Posts.
    gts_man, I think you're right with your prediction that it is either

    Rimcapital, who have written their investment off in Yilgarn infrastructure and have raised capital recently and probably need the cash.

    Yilgarn infrastucture, well possible but would be interested to know if they wind themselves up and pass out the cash back to the companies holding shares... I'm not sure but it seems weird to continue an entity with no purpose, unless they have another direction. Rimcapital have expressed their disappointment in MMX/Mitsubishi winning the OP&R project over Yilgarn. If anyone has any idea about Yilgarn it would be good if you could express it here on the forum.

    I have spoken to John Lester and he is quite deliberate in saying that they are keen to get into small production, well before the OP&R project feasability study results are announced.

    He too noted that there is a seller and expects it to be a holder with a few million shares and definately not one of the majors. Well done to all the buyers today, great chance to top up holdings at great entry prices.
 
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8.6¢ 8.6¢ 8.6¢ $1.591K 18.5K

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8.9¢ 7716 1
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