GLX gulfx ltd

AGM yesterdayThe actual AGM was over in less than 10 minutes all...

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    AGM yesterday
    The actual AGM was over in less than 10 minutes all resolutions passed
    Merrel Gray gave about a 1 hour presentation which i thought was terrific answered every question including Ptolemy's recent summation on HotCopper
    She gave a detailed reply which was to technical for me to explain but i am sure who asked the question will post reply
    Target Resource is 1.4 bt
    Target JORC is 500mt to 750mt = 40 year mine life
    JORC target date is end 2nd qtr
    Conservative estimates to what they believe results will be
    Extensive roadshow starting
    Approx 7-8 shareholders had a coffee after and all impressed with companies action to date, professionalism and energy
    If all goes to plan this is a massive deal for this company.
 
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Currently unlisted public company.

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