It's meant to be $1.5 million, probably announced in September, and distributed shortly after (lets hope). If full funding can be delayed until GDY proves a thermal resource, GRK may be able to raise capital under more generous terms, having what will then be a more bankable resource.
Perhaps there is an agenda behind the apparent slow progress.
Current cash position should see GRK funded until at least the beginning of GDY's demonstration plant. The industry will have a different glow by then, and should need nowhere near as much dilution (which at these levels would be at least 100%+).
I never got an order filled on Friday, but I hope you guys got some decent bargains. Looks like Monday could be ugly too, so it might be a second chance....
Add to My Watchlist
What is My Watchlist?