GXY galaxy resources limited

iggy tan must resign, page-8

  1. 424 Posts.
    asahee,

    I agree with your point and that made by vraetorian that we must start to sell product.

    Why would you issue shares when you could sell product and show investors that the company is generating revenue now. This would in turn drive the price up and mean that if a value generating CR is needed less shares would be the go.

    Also with revenue you could possible negotiate better lending facilities.

    Vraetorian made the point that LTerm the company is on the right track. My call for Iggy to hand in the towel is not because I do not believe he had done a good job in the past, but that I believe someone else would be better suited to take the company to the next level and do so with a tight grip on the CR lever or at least a more strategic one.

    We need some solid good news about the plant and workers.
 
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