Agreed Advisor, definitely believe in the product and the mid/long prospects. I thought management were doing a great job with communication prior to the passing of the end of March target....since then though they seem to have gone AWOL and i found the lack of communication at that point to be very disappointing.
If the aim prior to that target was to build the price up for a CR then they did an excellent job at getting the price up there but judging by the shortfall there were some pretty bemused investors.
I still believe that management had a genuine belief they would strike a deal and came very close but in the end the CR was virtually forced upon them.
To my thinking a deal has all but been done already. To use the bulk of capital raised to increase inventories to the level they're talking now would be foolish in the extreme if you weren't pretty darn sure you had a solid pipeline to sell it through.
Anyway, if we're now hoping for Q2 there's only a month to go! :-)
GLTA
TIS Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held