Having been invested in GNX for over 5 years now, I must admit...

Having been invested in GNX for over 5 years now, I must admit that I'm getting a little impatient with them. I was overweight GNX a few times, but that weighting has been reduced in favour of IFN the past couple of years.

Initially I was a bit unhappy with the large salaries that GNX directors were taking for a company that was not yet producing any income, now seeing how long it's taking to get anywhere, I'm starting to wonder if it's another CCE mishap.

But I digress from the IFN linkages. As a GNX investor, I would love IFN to purchase GNX and build the project. As an IFN investor, I would love for IFN to wait a bit longer and buy the Kidston project at a firesale price. I see little benefit of Jemalong to the IFN portfolio, GNX are only building it to increase their revenue and justify director salaries.