Am a long term holder in the stock having gone through all downs, ups, downs and now ups again. Question to the experts here: operating cash burn is significant. I was of the opinion that through the stock pile (sold at depressed prices) GXY can remain cash neutral. Obviously not possible. If current market conditions persist I conclude that GXY will need to raise funds with the next 3 quarters if cash burn continues at the same rate. Anyone who can comment on liquidty management going forward and mitigants to my concern(s)?
GXY Price at posting:
$1.44 Sentiment: Hold Disclosure: Held