The issue is that while GBG has this contingent liability the GBG share price will be in the doldrums.
But will have the $20m rail liability till end of current rail agreement - again this could be 10 to 20 year agreement. Unsure if $20m is full GBG share.
I will have to go back and look at all the loans that GBG has - I posted previously and may be able to work out when the next loan comes up.
Ann: Full Year Statutory Accounts, page-10
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