ozzie's are forest gumps, page-44

I dont believe this has anything to do with the mill, unfortunately for GNS shareholders. There have been a few hedge funds sniffing around who want to take a large equity placement at 10c or less. It will involve massive dilution to existing holders bbut they will be allowed to participate in a rights issue. GNS is dealing with the partner who will back them to try and proceed with the mill. The other interested parties want to mothball the mill.......

so I expect something like this, $100m issue to strategic party (hedge fund) at 9 or 10c accompanied by rights issue at same price on a 1 for 1 entitlement basis (raising $70m)........

secures future of the company and is good for MIS growers and GNSPA holders but bad for GNS holders.

the story with the mill continues........

same oldd song but GNS secures its future...