re: defies gravity - exbanker Purely guess work, but, I believe...

re: defies gravity - exbanker Purely guess work, but, I believe they will borrow from lenders rather than issue further stock. The hard work is done and we should (soon) see cash flow growth, followed by further drilling funded from debt. I reckon July will show some really "nice" value. We deserve it!
JV would be best option to fund Wyong and Hunter. The company can't dilute stock too much (as they would need to do to fund the other potential projects), and I don't believe it wise to go into extra debt at this early stage to bring the other projects on line. There is enough history to demonstrate that even well planned and researched plans don't come off. We need to show patience, and it's my view that is what the directors and Management have been doing, albeit, they would like to be two to three years further down the track at this stage!! I've made my business to attend all SGL meetings etc and are comfortable with the skill and intent of the key people.
It's "gunna" be a good story to tell your children and grand children!!

Go the gas!