Limited Recourse Guarantees’:As at 30 June 2018, Gindalbie has provided limited recourse guarantees to Ansteel, limited to the extent of Gindalbie'sshareholding in KML in accordance with the Gindalbie shareholder vote in November 2015. The KML limited recourseguarantees, through to 30 June 2018, exceed USD3.1b.The KML limited recourse guarantees are secured over the shareholding Gindalbie holds in Karara. The Karara assetis recorded at a nil value in the accounts of Gindalbie and therefore these guarantees do not impact on the financialposition of Gindalbie.
GBG Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held