Exactly.There used to be regular stream of updates about how the Pumped Hydro & the BBB (battery) construction was progressing.Now the the BBB is in production (and no doubt producing nice revenue to GNX) and the Pumped Hydro should be nearing (or finished) underground completion with all turbines etc delivered and installation about to commence (ie project pretty well de-risked), the flow of updates has dried up.
Is this just part of a plot by BOD to keep shareholders in the dark and be fed 'bunkum' so that they do not realise what the TRUE potential value of GNX is to them?
The shennanigans of THIS GNX BOD makes my normally normal blood pressure rise! as they attempt to rid GNX of shareholders and hand it all to the overseas JPowerSmall shareholders ....
Open your eyes, realise the future potential worth of your GNX shares, most importantly CAST YOUR PROXY NO Vote at the SOA meeting.
If you are complacent and do nothing, the likely outcome is thatthis lowball grab of our patient investment will succeed and we basically are chased away with no return for for our patient and loyal support with our investment $'s. To succeed, the proposed takeover must have support (by headcount. not shares) of more than 50% of those WHO VOTE,
So its ONE & ONLY chance when the 8k odd small shareholders HAVE AN OPPOTUNITY TO DETERMINE THE FUTURE path and at least give each shareholder the choice to keep their shares in GNX if they wish.
If the SOA proceeds, we get a miserable 28c and are shwn the door .... no choice!
Vote down the SOA with a NO vote, and then you can at least have the choice of accepting or rejecting the JPower offer to buy your shares (or sell them on market) if you do not wish to stay with GNX.
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