I caught up with a few major brokers and insto's today.... Not good.. Whilst gill is at the helm we will stay where we are...
the only positive thing that came out today was that the company has a world class resource...
problem is, gill has spent debt and didn't bother to raise any capital when the sp was strong.
Now all we have is debt and no funding solution!!!! In fact were in a better position at bfs stage:
world class asset, no funding, and NO DEBT
now:
world class asset, botched funding attempt and a mountain of debt!!!!
Gill has to go, the brokers echo what the insto's say...gill will never secure funding.... Bring in someone proper and salvage this project... Shame shame shame...
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I caught up with a few major brokers and insto's today.... Not...
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