absolute disgrace!!, page-10

sid10, nice to hear from you regarding this issue.

options are indeed a bit tricky in this case.
if they are voted down then a cap raising will no doubt follow in the next month or 2. if they get up and most option holders oblige then we will have enough money to proceed with the drilling of T2 and await results.

bit of a conundrum, damned if you do, damned if you dont.
Peter would be, in my opinion be the largest holder of options but not heads so he is at the mercy of shareholders on this particular occassion.
i can fully relate to existing shareholders( excluding Peter ) wanting to have a chance to redeem money lost at this point.

do you ever converse with Peter Sid10, would love to hear that conversation.

the frustrating part about this whole mess is the tenemants GBZ have do show promise.
Phosphate should still be a major target and in my opinion not be JVd out for a pittance, Malmsbury is still a definite target, Milo has significant prospects for an IOCG deposit, T2 via SAM survey results is a clear initial target at Brightlands and we still have over $1 million of PPC money to spend on other drill targets.
this is by no means a dead duck, but management is clearly in the crosshairs here, i am uncertain on how GBZ is going to proceed after the current announcement and i am uncertain in my faith towards existing management.

will perhaps need to hear from a few major holders if they are reading this, but i will definitely be speaking with Peter in the near future, am currently working on a list of pertinent questions, lets hope i get some clear answers.