feas confirms its a goer, page-39

Many thanks SP.

Will respond more thoroughly in next day or so.

Agree with the gist of your (as usual) well thought out & thorough analyis & response.

...By the way SP, how do you rate GIP (who you mentioned in your last post)- next to GXY.... ?

And what do you think may be CURRENT fair value for GXY ..??...ie: AT This Stage of proceedings?

My discussions with about four Fund Mger/Brokers etc... and then also my own view; which may be biassed; gives me about $103- $110 Millions,(Market Cap), range.... with that market cap figure being at the lower end of the consensus of the spectrum, that seems top be discussed.

And some suggest that even about $123-140 Market Cap; being the higher range as being more feasible..

Of course, after the Bankeable, that is another story again.

And like other posters have noted, this excludes analysis of the other strong projects inGXY portfolio....?

Have you SP, any 'ballpark' market cap range; where you reckon GXY may be "at" with waht we can see emerging now; and at this stage?

Regards,

Robbo.