less than $2m in the bank, and burning $250k per quarter - so...

less than $2m in the bank, and burning $250k per quarter - so assume $1.75m

Given that its take 8 months to fumble this deal, looks like it will come close to burning another 750k to get to another (on present track record), plus legals etc etc

Note that Market cap is $12m today (down from $16m day before yesterday), and falling

So, given a listed shell is worth $2m tops, and with $1.75m in the tin, "true" valuation on GSF is no more than $3.75m, say $4m

So, question is, how long before it "rerates" to this value and existing shareholders cop it?

Im out and not coming back until it bottoms.

Vote of no confidence in this board, and the Albion guys who have made a killing on this - well done Tony Grist and Josh Mann - thanks again!