Iron ore projected exports, page-12

Samson,

My understanding is that there are no loan guarantees FROM Ansteel TO GBG to keep GBG afloat.

GBG has sufficient funds at the moment to keep operating.

The shareholders of GBG voted not to allow the company to use its assets against the debt KML has with the Chinese banks.

But I understand from last years accounts GBG is still on the hook for the loans to KML in some way or another. Unsure how this all works.

Somebody with better understanding may be able to address this.