I have now received permission from James Kellett to post his response to my question to him in relation to revenue reporting timeframes.
Response is as follows:
"The company has commenced a strategic roll out to the US PTA. Although we are not obliged to report revenue numbers outside of the standard ASX guidelines of quarterly reporting, we may update the market on registrations in due course as we did at the AGM. The Board will provide additional information to the market when it considers it appropriate."
My reason for contacting James with this question was to gauge if the reporting would be part of the regular quarterly updates, which I think is end of Jan 14.
My concern is that the end of Jan could potentially be a momentum killer. His response has left the door open, at least in my mind, that there could be an announcement sooner rather than later. Considering the current overall market sentiment and holiday period, I think this would be preferable.
I am excited to be invested with this company but timing is everything.
Discussion and opinions welcome.
GLTA.
ESN Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
