Another 30th appears on the calendar. One month distant from the deadline of declaring a 'hopeful' deal! and ever silent.
Either RC is so cocksure his dealings will result in a rising share price and will have us as quiet as church mice counting our cash or the company is finished. Anything in the middle ground does not justify the behaviour of robbing the shareholders of their agency to buy or sell for this length of time.
Glossary of gsl terms.
MOU . Simple method of shareholder appeasement. Usually comes to nothing
LOI. Simple method of shareholder appeasement. Usually comes to nothing
' The next few weeks ' ..............The next few months.
' The next few months ' ....... ....The next few years.
' Production in 18 months'........Production in 18 months from the date of any shareholder enquiry, even if that enquiry is 18 months hence.
Hopefully ..... Hopefully?!
Flurry of hollow announcements in a desert of silence ....... Capital raising imminent.
Suspension of trade ........... (1) Total confidence in shareholders making their own decision in light of historical funding issues!
(2) Seriously bad planning.
Sorry people, just from experience. DYOR.
GSL Price at posting:
17.0¢ Sentiment: None Disclosure: Held