Miner, just my take as a GGG only holder, but I think JL (with...

Miner, just my take as a GGG only holder, but I think JL (with Back-Stabber) Baker Steels consent, has stuffed AZX shareholders. We all know the long story of GGG/AZX disagreeing on strategy/rigs, then AZX hindering GGG's listing. BS probably encouraged GGG to launch a TO then pulled the rug under them, SP destruction ensued with JL saying some weird stuff along the way, ie Placing 70c's, UK listing etc, and AZX 'publically' saying some very unprofessionally comments.

The biggest losers are AZX SH's who could have walked away with nealy 50% of BBling and been part of a bigger company that included GGG's cash pile. Instead AZX will now have around 45% of BBling and this could drop to less 40% when GGGs cash is factored in. Ok you will have shares in AZX2 but that will need financing and nows not a good time to go exploring or raising cash.

I think GGG will be ok despite their SP also taking a hammering, they raised cash at the right time and will now have more of BBling, plus they were never interested in AZX's other assets.

The real winners will be Back Stabbers who no doubt have/will be increasing their % of BBling via AZX shares at a very low price. BBling itself is a cracking asset and all involved with BBG will do well long term, alas some will do better than others. AIMO

Temu