jimcross - i think that you are poking a little fun at the nice...

jimcross - i think that you are poking a little fun at the nice GBI crew due to the fact that a few who post on this thread also post on one of your favourites - PLT.

As we all know, PLT is in all sorts of bother right now. No two ways about it.

However, while GBI is still burning cash, the following points apply:

a) cash burn is relatively modest at around $300 - 400k per month.

b) a major project (registration) comes to an end pretty soon, after which cash burn may come back a little

c) the company just completed a significant capital raising that means that they have approx 12 months cash in the bank (as compared with approx 2 - 12 weeks for PLT)

d) also unlike PLT, GBI has not tried & failed to achieve certain milestones in a particular timeframe thus losing the confidence of the market.

e) GBI has clearly articulated a commercialisation plan that involves a significant licencing deal this calendar year. Such deals usually involve significant upfront cash payments.

Really, you are being deliberately inflammatory in your post with no underlying substance. This is in direct contrast to Decan & my contributions on the pLT thread, which are sometimes inflammatory but always with substance.

I don't yet know if you intend to become a serial pest on the GBI forum, but I will flag that it is not my current intention to grace your stupidity with a response in future.

As we all know, my intentions sometimes change.