GVM unknown

capital reduction and in specie distribution of na, page-7

  1. 2,572 Posts.
    Howdy Coop

    I'd also like to believe that the South Africa investment & the ex Billiton bloke who's now chairman may be the catalyst for change, but while the original 3 stooges continue to occupy deck chairs I cannot help but think that it's still a pleasure cruise to yet another new destination . . . . . back again to a foreign location - so much less visible than doing business (not that they have ever got to that point before) in the shareholders own backyard.
    GVM's ONLY hope of rising substantially above it's current price is to either get rid of the over fed & under talented passengers on the board and/or hope like hell that despite themselves, that their JV with PEM at Kanowna West hits paydirt.
 
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