I think its good news - well I am going to take it that way since I bought a swag of these at 80c av down and need 50c to get out. I wouldn't mind owning 47% Karara - long term project as witnessed by finance extended out to 2030. We are still in business but the trick is GBGs cash burn. Can their cash last until the mine returns income for them. Guess they could flog off a few % in Karara to stay afloat. My problem is staying alive long enough to see a return have to hand them on down the line for my great great grandchildren.
GBG Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held