GXY investing in A40, page-23

agree with your CF+ and nameplate statements........................it just seems as though there is not that much confidence in these targets being met

The reason the sp is at 11c cannot wholly be attributed to JRO offloading.................there is still a degree of uncertainty in these targets being reached and if this production level can even be maintained for a length of time. This degree of uncertainty is enough to keep buyers away for the time being which I suspect also contributing to this stagnant sp of ours. Buyers possibly thinking that if AJM were to accomplish CF+ in the next quarter then there will be ample time to buy in as there will be no spike in sp because JRO have AJM by the short and curlies and will sell into any dramatic rise ...............possibly a decent LT view in light of JRO ambitions and out Debt noose

The question of how low the sp will go is anybody's guess.................I am trusting that there is enough buying power to hold our sp above 10c until JRO or any other entity is finished offloading