All those regular posters who are known to moan and groan about administration and corporate costs being too high - I hope you have taken note that admin costs for the quarter are down $348,000 compared to the same period last year, and admin costs over the year are down nearly $1m compared to the previous year (that is a cut of 44% by my reckoning). That is offset by some growth in expenditure on R&D and product manufacturing and operating costs, but that is where the money should be going... while we still have some!!
Just a minor but positive observation while waiting for a deal to be done. Stay sunny everyone.
GSL Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held