The value of GAA Wireline can only be guessed at as it remains a...

The value of GAA Wireline can only be guessed at as it remains a 100% owned private company based in Adelaide with an office in Texas.
UXA have said they are seeking a partner to expand the business to raise $5.5 million over the next few years.
UXA paid close to $9 million for GAA Wireline and PDF Tool worldwide a few years ago.

UXA it seems are seeking a sum nearer $2.5 -- $3.0 million for a 49% stake and the buyer to fund $2.65 million of the funds required for GAA Wireline to expand and loan a further $2.65 million on reasonable terms.

GAA Wireline are almost fully booked for drilling contracts both in Australia and America. UXA themselves are having difficulty finding a suitable drilling spot for GAA to drill for uranium in Arnhem land later this year, such are the heavy bookings obtained by GAA.

As announced by UXA recently; they are to reduce their drilling plans at their flagship UXA Resources and settle on expanding GAA Wireline that was set up originally to fund UXA drilling.