With the cash raising of $21.4m at 1.2c, marks a turning point...

With the cash raising of $21.4m at 1.2c, marks a turning point of this company, from a concept waiting to develop, into a business waiting to make money.

A couple of articles worth a read:

http://www.anaeco.com/images/stories/Media/commercialization%20outlook%20improves.pdf

http://www.anaeco.com/images/stories/Media/rm%20research%20update%201st%20march%202013.pdf

This will be a telling few months for the company, as debt has been cleared, and now they can focus on getting into production. The recent letter to shareholders says a lot about where this is planning on going and how intends to get there.

http://hotcopper.com.au/announcementFiles/2013/ANQ/a15e103b-26f7-4b6e-a056-186559812282-ANQ630928.pdf

GLTA will be an exciting year no doubt, hopefully mgmt can come through, and with Monadelphis being a %12 shareholder of this company, hopefully we will go in the right direction. (posted this on last forum, but changed back to old HC)