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miningnews article/all gip production pre sold., page-31

  1. 5,867 Posts.
    re: all gip production pre sold I continue to watch GIP even though my miniscule holding was handed back to the market place last year.
    Recent announcements/publicity is all good stuff , however we appear to be guilty of thinking the project finance, or at least the balance of the placement was going to be completed by next week -at the latest.
    That was not the date it had to happen on, the 25th or whatever, but the date it had to happen by.
    It certainly has not happened yet, so it looks like it has to happen at the last minute/if at all. Not good management. Three months since the meeting, plus three weeks from the date of notice prior to the meeting, plus however long the management was contemplating/discussing it with their London sponsor prior to the notice of meeting being prepared..
    It should have happened by now ,shouldn't it?
    OK, we had clarification of another potential offtake agreement-was that the last stumbling block?
    Shareprice movement is obviously positive, but based on historical mangement performances in regards to time in particular, I still have some misgivings.
    Good luck to all holders and hope I am 100% wrong.
    Cheers,TAS
 
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