indeed, watso had a look at this matter, and concluded that maybe they have not. the critical bit is this bit from the relevant report
¨$350,000 six months after signing ¨
the signing was in mid november 2011, which makes $350,000 due in mid may - and that amount should be shown in the latest quarterly (as part of the cash flow statement) - but it does not appear - and at great cost, watso presents the following...
compare the above, to the first quarterly , this calendar year.
the company makes comment about ¨pending the possible exercise of the option...¨... AGO do not seem to make much mention of the prospect, in their reports - maybe it is flying under the radar
GDA Price at posting:
10.0¢ Sentiment: Sell Disclosure: Not Held