SHAREHOLDER VALUE and the KIDSTON STAGE 2 SOLAR (270MW), page-11

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tubbyguts

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18/03/24

14:34

Post #: 72942258
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Originally posted by howiepatr16: ↑

@Cungi; perhaps, with a nod and a wink, Goldman Sachs, (like Petra), left Bulli Creek Project, (BCP), out of their respective calculations/report? Obviously, from the 9 October 2023 ASX Announcement, Fortescue (ASX:FMG) acknowledges its existence.

August 2022 offer from Skip Capital - (pre Bulli Creek Project, (BCP) -25 cents.

March 2024 offer from J-Power - 27 cents.

2 divided by 25 = 8

What about INFLATION during the nineteen months, August 2022 to March 2024? Depends on how and what you measure but less than 8 percent; I doubt it.

All that work undertaken and MILESTONES achieved, during the nineteen months, yet no real increase in SHAREHOLDER VALUE?.

Was Goldman Sachs briefed by the “Independent,(Kidston), Committee”, along the lines that the above work and MILESTONESand the Bulli Creek Project, (BCP), should be totally ignored/discounted?

Perhaps GNX shareholders will be surprised by the Board of Directors shedding some light on the above and other issues, particularly the CURRENT STATUS of Kidston Stage 2 Solar (up to 270MW)?

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I see you have discovered bold AND highlighting to emphasise your already emphasised CAPITILISATION Howie!

I'm no artist but I beleive when it comes to accents the old adage "less is more" applies?

GNX Price at posting: 24.3¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

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