ipo from gxy for gmm for mongolia, page-2

solution6, I will be a buyer.
From what I have read it looks like GMM have moved into Mongolia at a very oppotune time following the recent agreement between the Govenment and Rio.
The prospectus show enormous areas of largely unexplored, stategically located, geologically prospective, exploration licences. GMM are targeting a couple of boom commodities in lithium and potash. No doubt they will be keeping a sharp eye out for standard minerals like gold, nickel, uranium, copper and the rest.
The board is strong with well known directors such as Craig Readhead and Michael Wright. Not sure where your comment on "slush fund" comes from - no hint of such shenannigans to date, and would not expect this to change. The Galaxy team have an enviable record of exploration and development success, and in the last 12 months have definately brought home the bacon over at Ravensthorpe.
I will definately be taking up my allocation and more. Hope this helps.
ph