yes auszeph even 1m sq metres would be great for DYE but would Tata bother? Not much use producing anything til they have a viable product.Not much use setting up a factory to manufacture a mil sq metres of prototype likely to be superceded. What about Merch willingness to produce small production runs?
We still don't know or at least I don't know which Grid Price Parity they're going for. Residential Retail or Industrial Wholesale prices? Seeing as it's the new Warehouse market I imagine it's the Industrial price parity [much cheaper than residential]
I see it's come to joysav and tasmanet using Dick's speech impediment to denigrate him and call for his sacking.I wonder how much their displeasure is generated by Caldwell showing them the door over their "unoffical" web site? Seeing as they have me on ignore suppose I'll never get an answer?
Anyhow one is not a "failed" investor or have no money if you sell out of DYE at this time. In fact it could be thought that Large Founding Shareholders who are swallowing all this delay to commercialisation are pretty naive in the ways of the Sharemarket.Ego punters the silliest pilgrim to be.
I realise FA fundamentalists have no faith in TA and charts. Cripes joysav even disputed from Day 1 that Springtree was selling and not accumulating.She and tassie boy accused me of being a conspiracy theorist dyslexic nut case.Even consulted lawyers to see if I could get sued!!
The simple,plain facts are- The Springtree Finance deal will not be easily got out of.Dye's "traditional" institutions and sophisticateds are all burnt out.They are in deep doo if they held their placements in the past.110/90/65 cents weren't they?
It is vital DYE gets that $400k/month,every month. The next Qtrly Cash Report due end of January will be "unfortunate".There have been missed monthly $400ks and even these were only budgeted to cover approx half of Quarterly Expenses.
The Budget also included some Millions$$ from that SPP at 65 cents that never happened and appears never going to happen at that price.
So there is a necessity to Capital Raise soon.End of Jan/Mar qtr AND that capital raising should be done from Shareholders not NY financier Spivs.
Not only the money from the failed SPP at 65cents has to be raised but the Alternative capital required to cancel Springtree "Credit Facility" and provide capital to when?2014/15?.
We're talking about $25mil and at current share price range?that's up to 100mil shares. How do you think that'll go over for Shareholder Subscriptions?
The alternatives are to find a consortium of dedicated long term holders,hard headed but fully informed and Believing of the DYE scenario.The proverbial white knights.
or A no strings attached Aust Gov't grant of some $25 mil!!
oh also the grant better be fast tracked not held out as salvation for months.
Do you follow pilgrims that the track to Mammon by holding DYE shares is very uncertain? It is not failure to be out while waiting on conditions to improve or at least be clarified chiefly by the establishment of Real Cash Flow and Capital Raising.
DYE's not going to rocket in a Single Day,only in dreams. Under it's current situation no actual production year start dates confirmed, it's likely more to bring the nightmare of falling below the 20cents IPO price [imho]
and what have we got to prevent this? a 20sq metre "roof" out in Wales to test run released in Jan and some vague "promise" that there could be bus shelter roofs by 2013 BUT that's only a forward projection and we {dye} don't have to keep you upto date on such developments.
Can't you see d'Joke? No joy sav ing a falling knife.
GSL Price at posting:
28.5¢ Sentiment: Sell Disclosure: Not Held
