I don't understand what is causing the confusion around why "new traders" are complaining... I've been a share holder since the DMI days, I'm sitting on several bags and intend on holding into the future, that doesn't mean I'm any less frustrated with the performance/communication from management.
My 2 biggest grievances come down to expectation management...
1) CR in and of itself is not an issue for me - what is frustrating is it represents an X next to managements credibility/reliability as they have previously beat the drum on being "fully funded through DFS".
2) Breaking the DFS up into phases is fine as well - but comes with another X as the full scope report was promised late last year, then Q1, then broken up into smaller phases and they've missed their own deadline again...
3) Bonus... dare I mention the performance rights...
Plenty of valid justifications, they just need to be communicated, investors hate being left wondering.
I want to see GLN (us by extension) succeed, I love the project, but for this to reach its potential we need a big step up in sophistication to attract institutional grade investment.
Hears to hoping we see Phase 1 before the end of the week.
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Price($) | Vol. | No. |
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