However they did need to satisfy the Argentinian authorities that they could afford to proceed to approval so there must be something going on.... Its just disappointing that it isn't being shared with the investors.
How much exactly did Galaxy walk away with in cash from this Jiangsu deal? So far I have seen $30 million and of that we have got $15 million. But we have no debt or asset anymore.
I just hope in the meantime until settlement that we are receiving any profits from production... I wonder how that's going?
It's dangerous that we took the $15 million without it being finalised.. I really hope it isn't being spent.. Maybe it was used to pump up the price of late? Of course that's a tongue in cheek comment. ☺
GXY Price at posting:
6.0¢ Sentiment: Sell Disclosure: Held