Ann: GXY: Acquisition of Senior Secured Debt Facility, page-81

there is a lot more going robbo24. the only issue we have is management caving into a GXY low ball bid. there are several groups who are willing to refinance A40. we have 14m cash and a stockpile worth double this. If management show a bit of guts and determination, they can get refinanced with more favorable terms & put the thing into C&M for a bit. Re-organize the pathetic board & more than likely get a better bid from GXY. Now we run risk of a low ball GXY bid. How can MC say 2 months ago we are expanding production to now this. Everybody needs to apply pressure to management & make sure they know shareholders are aware board has other funding options. Because none of them own any shares they only care about their legal responsibility (themselves) & not shareholder equity. Well we now know you have other funding options & its their fiduciary duty to act in the best interest of equity holders. email them, call them, whatever....