There is almost no doubt in my mind that the most sentiments...

There is almost no doubt in my mind that the most sentiments expressed in these previous posts are correct.

The Management and Board issues appear to be deeper than thought – late production, less resource (than I had expected) and ongoing poor communications (= limited ability to promote the company), and b* tight on cash.

Several junior miners are in trouble. So, overlay these general problems onto GBM’s specific (but not exceptional) problems, and you finish with a company that must have been close to having its hands tied.

Now, on Tuesday, I see that there is a new share issue approved, and the $ 10M bond issue has been approved. Does this mean the cash problem fixed already? the report does not make it clear????

Given the delays, no production reported so far (what happened to the concenrate???) .... I am not too unhappy seeing J. Cahill being reported as saying 15 MT per day - providing the grade is as promised for the underground??? If that is 30 g/tonne as indicated, then we'd get 15 oz per day = 300oz for the month = $300,000????

I estimated their cash "burn" (a word from the halcyon days of the software boom) as $250,000 per month - so acceptable on the Rome wasn't built in a day theory.

My real issue is still - why are shareholders having to guess this? Effective management should be able to update, summarise and present this info in a few minutes? ==== need for those changes or additional people !

Then let’s see how they get on the fixing the other problems…