re: gtm If stroke is right then it would better fit the definition of a "material transaction" that is going on at the moment. The truth is that they need cash. The truth is also that they have heaps of land with plenty of minerals in it. Sell half a share in the house to get the banks or the monkey of your back is probably better than to issue a billion shares at a cent.
Knowing the precarious situation of GTM the men in black are happy to wait like vultures on the telegraph pole (Mongomery Burns comes to mind) and see if the starving mule is fed a crumb to help it live another day.
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greentech minerals ltd - tba
reason for suspension, page-30
Currently unlisted. Proposed listing date: TBA
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