JTGGX is currently capitalised at $4.9m on the market. The dodgy...

JT

GGX is currently capitalised at $4.9m on the market. The dodgy valuation pointed out by the OXX lawyer at the EGM of Cannin Basin permits at $4m .. when DM had sold them into the GGX float at $300k .. could be reassessed down to say $500k ... that would reduce their value by HALF. Then we might get a 4-5:1 ratio for the merger which just might be acceptable. Interesting that on 3 March GGX rescheduled the court hearing to 11 March!!! They must have known trouble was coming.

H