To me the biggest problem seems to be the inability to advise when we actually get the funds - during the first quarter is very obscure - is it 1st October or 31st December ??
In the interim the "shorters" will continue to play this whichever way they like to the detriment of share holders .......
We need a big long term buyer or an announcement of a decent J/V partner that sees us with a slightly reduced holding in SDV, more cash in the bank, an offtake agreement and a project start date / time frame.
Alternatively an announcement of a take over ......... otherwise it will be more of the same.......very frustating.
GXY Price at posting:
$2.88 Sentiment: Buy Disclosure: Held
