GSL Broker Research, page-7

Thanks Cordial, interesting read and good to see a little more detail around the programme especially. Every time I get my hands on new information I get that little bit better a sense of how all the different projects and activities fit together and where Greatcell are heading.

As far as PAC goes a quick web search revealed them to be the underwriters of the previous capital raising and in fact they placed the shortfall which amounted to almost half a million dollars so I guess they've got more than a passing interest in Greatcell's fortunes. Just for comparison's sake here's the analysis they put out shortly after that capital raising:
http://www.dyesol.com/media/wysiwyg...29-02-2016_PAC_Partner_Analysis_of_DYESOL.pdf