GSR 0.00% 1.1¢ greenstone resources limited

Ann: Trading Halt, page-21

  1. 369 Posts.
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    Appears no announcement today ?

    I am still hoping for a favourable solution in our predicament but you might be right with the FMR involvement. The probability of this eventuating is definitely elevated. FMR, after completing due diligence, backflipped with a possible JV with HRZ late last year but have still guaranteed HRZ a 200k processing facility for this year. With limited info & reading between the FMR lines / statements. "Change in capital deployment priorities", "FMR expending funds on refurbishing mobile equipment inclusive of jumbo, truck and IT (Integrated Tool carrier), and ordering explosives magazines for the site and have hired several key personnel" (late last year for the HRZ proposal). They appear to be committed to expansion & possibly see greater control - opportunity with GSR at this market cap. The devil will be in the detail if this is the possibility (also the devil in the management of course !). At the end of the day, we deserve what we get & it's not much atm. All we can do is make them accountable with the resources & the limitations we have at our disposal.

    Looking forward to the Annual Coolgardie Day celebrations in September when us shareholders can march & say what a turn around it was. LOL
 
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