While it's nice to have projects in the pipeline if Gnx Power was to continue as is it needs to slow down in terms of the timelines for building new projects. Hydro must go online and be generating for 6 months meAnwhile small scale batteries can be undertaken. Then as the share price nears to real value it should go for a cap raise or institutional placement or both to undertake the wind at the higher share price. I think trying to do too much to quick without realising the true value and entering a new project and cap raising at low values like 18-20 cents a share just simply begins to bother long term holders. If they aren't going to take care of their current shareholders they will run into a mess and hence I think management is realising they have bitten more that they can handle. Hence why they are in favour and presumably they want to hopefully have good relations with J Power for employment reasons post takeover.
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