GBG 0.00% 2.6¢ gindalbie metals ltd

Ann: Scheme of Arrangement and Demerger, page-78

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  1. 411 Posts.
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    only problem is we will always remain a minority shareholder in an Asset controlled by someone else. The board of GBG have zero (0%) impact on what goes on at Karara. The best we can do is frustrate the fact they can't get it all and the only way they can extract cash from Karara is also pay the relevant portion to GBG. When they really want it, they can pay up. So I am happy to reject the 2.6 pieces of silver and finally get a look at the books via the I.E.R. to see if they have driven cost of production down like every other miner in the world. If not why not is a relevant question to start the discussion.




 
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Currently unlisted public company.

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