fire sale on, page-16

@pilatus I'm not too familiar with MGX, but if they have "a much higher cash on hand and double the MC of GRR", I'd be just as disappointed if I was MGX shareholder. But, maybe there are some different circumstances with MGX that justifies their decisions and actions, I just don't know TBH. I'm a GRR shareholder that has watched developments (or not) for many years, so have formed opinions based on certain observations.

"we should be grateful"

I have been hearing this quite a bit lately. I suspect this is also the attitude of the powers that be.

Being told we should be grateful that we're getting anything doesn't make it any less disappointing and looking at the sp, there's a lot that share this sentiment. Facts are, the sp was 23.5c before the ann release, and the sp had traded 25-27c in the 3-4 days before that. Yesterday traded at 18.5c and we haven't even gone X dividend yet. Tell you what, if a 2c divi had of been payed, damn sure the sp wouldn't be trading 18-19c and we wouldn't have a capper sitting pretty at 21c now.

@pilatus if you can have an attitude of gratitude for receiving a pittance, well you're better than I. Personally, I can't, not when I see the Cash at Bank held at $100 > $166mil for numerous years with little funds returned to shareholders along with no explanation/plans as to the proposed use of all the retained Cash.