From The Australian:
Gindalbie Metals (GBG) last night suspended trading in its shares as it awaits the outcome of a review of the value of its shareholding in the Karara iron ore project, which is a joint venture with China’s Ansteel.
…The Chinese company is already on track to earn more than a 60 per cent interest in the project, as Gindalbie has had to rely on the Chinese steel giant to offer further financial support to meet its share of debt repayments on the joint venture project.
Lucky Ansteel: