re: strong and stronger- roadshow starting? Yes I hold.
The future is still very bright. I can't predict how far or how fast this company will go but I'll go out on a limb and say the shareprice is not going to drop below 12c again. This is the floor and it's all up from here.
Debt funding stage II is the only way forward. Anything less will be very disappointing. AVL had $3 mill in cash and $US 1 mill in GSR shares after 1st quarter so that's a good start to get things moving.
Spiral circuit and further cost reductions will also start generating profit and therefore cashflow to fund stage II.
Forget about dividends they won't happen and they shouldn't happen until the company can sustain itself with it's own cashflow and is debt free.
It's still elephant country out there. A little patience will be greatly rewarded.
re: strong and stronger- roadshow starting? Yes I hold.The...
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