Ansteel could quite easily take their equity to 90% of the Karara Project without effecting FIRB most likely
or
They could acquire a large chunk of GBG ...without triggering FIRB
Remember that this project was once considered a bit of a dead duck ,
Who knows .... either which way IF Karara starts to look much better ..... then there are lots of possible options .... all of which would most likely impact quite positively & significantly on GBG
GBG Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held