Hey hix001 and others...
Can anyone on HC come up with a viable way forward for GLV....and are you going to give the JB Crew more cash to do so ?
Haven't seen any other option than the one put forward here...
GLV has no viable Assets -
The sale of its 100% owned Exploration Permit 127, the Southern Georgina Project is DONE pending SH approval.
The punters have no say over this...
Why sell the only asset GLV has ?
'Patrick Glovac still holds 25,000,000 shares who is a founder of GTT.'
If GTT still holds the 25m shs, this is miniscule...nothing. Just another way to fool the punters with a small shareholding.
The JB Crew have made their money on the run from .002 to .009.
'Only 10% of the cap raise was intended for EP127'.
GLV can choose how it spends the cash.
The question is why spend any cash on EPL127 if GLV has an agreement in place to sell it ??
JB says “The Company confirms that the buyer is not a related party or an associate of the Company.”
It must be true....are you serious ??
Again, why spend any cash on EP127 ?? Unless it somehow benefits the JB Crew ??
My guess next step a de-listing.
Let me explain how that looks....
- A Company with NO Assets
- Unable to comply with "ASX Listing Rules" if it chooses to buy a Vanadium asset.
JB and Crew have had 12 months to work through this re-compliance and got nowhere.
- No Cash....in 3 to 6 months
- Unable to Raise further cash because GLV doesn't have any assets to 'further'.....
= GLV is wound up and de-listed
Or maybe just do a WFE, a JB Voluntary Suspension for going on 12 months or more...
Whats hard to understand ??
Well played JB
I particularly like the photos of JBs African adventures on Twitter.....LOL
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Mkt cap ! $15.69M |
Open | High | Low | Value | Volume |
2.7¢ | 2.8¢ | 2.7¢ | $22.55K | 815.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 427947 | 2.7¢ |
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Price($) | Vol. | No. |
---|---|---|
2.8¢ | 246614 | 3 |
View Market Depth
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3 | 420725 | 0.027 |
5 | 1675000 | 0.026 |
2 | 1020000 | 0.025 |
2 | 2083333 | 0.024 |
1 | 130000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 246614 | 3 |
0.030 | 136000 | 2 |
0.032 | 199000 | 1 |
0.034 | 90000 | 2 |
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