I have huge doubts regarding GJ and GC. They have had 4 years at the helm - and where are we.
The company churns through money at an unsustainable rate considering there is no income (cash flow). I doubt there will be anything left come end of June and the hat will need to be past around AGAIN. I don't know how that will go as they must have run out of ways to drum up funds. Back to Nobel?
Be prepared for softening position on timelines for tender decisions, as the foundations will need to be laid soon for the extensions.
Unlike you Matt I have more than a K or so in this and my belief has always been in KT, the resource and his ability to get to production and that we would already be producing. After this ride my stomach must be made of steel.
SDL Price at posting:
8.7¢ Sentiment: Hold Disclosure: Held
