As we all know where Gravity will make its profit is in the exploration sector using its exclusive Falcon technology with the bonus of having options to acquire part of projects with potential..
about a week or more ago Labour said it would allow for deductions for exploration to go to shareholders rather than just as accumulated losses that for some companies may never get realised...this has worked very well to boost exploration expenditure in Canada the past year....I think why Gravity has sunk the past 6 months is that those in the know..especially the "45c Capital raising" shareholders amonst others were very dissapointed in the Government not pushing this thru the Budget/Energy policy as was expected,,, but now there is renewed speculation that the Government will move on the back of the Labour announcement...
make no mistake that the amount of work that will flow to Gravity will be enormous if this goes thru..including of course all the pent up demand in the industry that has been on hold the past 6-12 months!!
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