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0.2¢ green rock energy limited

^^^^^ seems a fair point - can anyone care to further elaborate...

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Blackiwi

801 Posts.

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14/09/14

18:50

Post #: 13972324
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Originally posted by KDoc ↑

Gents, Ladies,

genuine questions here.

If I understand it correctly, GRK has ~2.1B issued. $800K in the bank with a qtrly spend of ~$250K.

If this pans out, they have to immed. issue another ~166M, with another $250K (or equiv. eq.) to the vendor as soon as the VWAP stays at .006 for > 10 days and then commit to spending another $500K on the tenements over the next 12mths.

I will readily admit to being somewhat of a numpty. However, am I reading it incorrectly to say that another CR has to be imminent?

Is there something here I'm missing to say this thing is set to blow?

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^^^^^ seems a fair point - can anyone care to further elaborate on the ins and outs of the repercussions of this.

Looking at entering this, trying to gather more info and would appreciate more insight.

GRK Price at posting: 0.5¢ Sentiment: None Disclosure: Unspecified
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