Hi Charles, I know the Company will be furiously trying to resolve those minor outstanding ASX requirements prior to the AGM and am very hopeful this will be completed very soon and that we can have an announcement to that effect.
I am sure we are all very disappointed that the highly prospective WA VMS and Gidgee gold tenements we hold has not borne fruit, but perhaps its sale will provide additional working capital for the Company or another opportunity for shareholders to have preferential treatment in any new IPO?
This coking coal project is well advanced and ready to ramp into production by all accounts and will be a fantastic Company maker in quick time. It is probable that we will be in production in Q1 or 2 2018.
The last hurdles are compliance issues and just getting shareholder approval. As the Company has said, all other pre-requisites are almost in place, including funding.
Exciting times ahead.
GML Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
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