Ann: GXY: Alita Senior Secured Debt Facility Repaid by Adminis, page-74

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WhiteGoldLith

2,821 Posts.

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02/12/19

22:59

Post #: 41758067
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Originally posted by Henry Walton: ↑

I celebrate GXY joining the losers circle.

We are all big fat losers and GXY is now included .

That $40mill would have gone a long way now it's gone and I am happy about it.

My situation cannot be changed it's been set in stone for a while, maybe some are just getting to that point now, but I already accepted it long ago.

What was not set in stone was GXY fate it looked like GXY would pick up bald hill for nothing for the longest time, that was my greatest fear.

In the end the chinese were just playing possum with GXY and outsmarted them.

It is the failure of GXY that I celebrate nothing else.

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You are so utterly deluded it is not funny. No doubt either way it went it would have been bad news for SH's. The ONLY groups fault really is the board of A40. They couldn't setup a mine that was operationally profitable, they couldn't keep it going, they obviously had played along GXY who kept them afloat in their final hours with the cap raise. Yet you celebrate GXY losing some cash with you, they are losing 10% of the cash they had earned from selling SDV. Holders are losing 100% of their investment. The board is to blame here and they are a bunch of liars. The only possible way SH's may have recovered any funds would have been from GXY stepping in and making an offer, the board clearly outly refused to even speak with them about this possibility. Things got hostile and now look where holders and Australia is. Another asset sold dirt cheap to the Chinese who have simply made a fool of us all! This board should never touch another mining project again.

Edit: disclosure not held and hold

Last edited by WhiteGoldLith: 02/12/19

A40 Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
40 Upvote

3 Great analysis

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