hi light,The issue here is..... there might not be 5 years....

hi light,

The issue here is..... there might not be 5 years. There might be 1 year.
It will only take an issue on the "vertical" drilling or another failure and you will see a sell off that will dwarf October 2024.

Hence all the company structure to fall back on something if this goes pear shape...which is since October 2024.

Protect your hard earned.... even if its small...... There are tens of companies going bust every year in ASX and thousands around the world.... they all smell the same... they all have similar components and most important, they have similar captains directing the ship..... amateurs with many many failures that shareholders shake their heads in many events but fail to identify what they really are.

Remember that presentation in Perth Sept 2024? Its on paid youtube...
The market was stunt at how cocky Pinocchio were even before the drilling.... talking like he was a BHP, etc.....

In the following days, when the news came out.... The Market realized what he is all about and how badly "salesman" can fail.... It was already his second failure....

Not much left in the tank.... the company has no cash and is not doing anything on Grandis. There will be no Major coming in as they are not interested yet.... its easier to let the company drift lower and burn slowly... its what Smart Money also look for....

Even if a company did a aggressive Take Over at 2 cents just as an example..... Pinocchio would leave still laughing.... over 38 mill shares Ords... plus Golden Horde with 79 million shares... and a entry back into Mongolia project.... just need another shelf company set up and you will see a new prospectus entering the ASX in 2026......

Does it sound all familiar? Its because it is and happens yearly......

The last desperation from that house that has little to no money to secure 2 cents... LOL too easy.......

GLTA

T10