None taken gameplanon , I am definitely not a shorter , I hate what they do to stocks and have been on the receiving end of some of their trades , I was in GXY in early days when they were building the processing plant in China , all was rosy then as well until it all fell apart , was ,lucky to have got out before they hit 0.06 . I am sure this time round it will be okay , but all I am saying is its shocking they are not open with what they obviously know . By march next year the share could well be north of .50c , I would think .
Sachz, it does make a difference whether its 5tons or 45000t , even more so because they have paid up front . Normal contracts like this have a punitive clause if the shipping date is not met . GXY are also short on cashflow and need every cent , CR could happen ,diluting the shares even more . Directors have already put their own money in . Here`s hoping things go okay over the next 12 months . Did I mention the errors all over the place in the presentation document presented to HK ? Very un professional I must say . How good is Tse I wonder ?
Galaxy... GXY... Chart..., page-704
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