RE:RE:RE:RE:GSFC REITERATES THEIR CONTINUED SUPPORTYour logic is so out there.
Sorry business, not buyin it.......GSFC had a director in the boardroom and a manager in the office, so your logic that they had to agree to any write down doesn't fly........ Managers do not go in the Board meeting and do over look operation. Nor did Goodman have to tell managers anything. Not sure what he does anyways. Hasn't brought in any business.
All they had to do was join Robins group once the write off and disposal of the asset talk started and the proxy battle would have ended much sooner...... Watching the circus was not doing anything except waste money. As to why it took so long for them to speak in the first place should have been attempted, remember, they are but one not part of the day to day. They should be working together. they need babysitters.
They didn't, and I think we both know why......ONLY 1 ENTITY STOOD TO BENEFIT FROM ANY SALE OR DISPOSAL OF THE WRITTEN OFF WYNYARD ASSET!......BTW, I am interested in who the Indian National is that stands to receive millions of dollars in finders fees if any GSFC deal goes ahead..... I am getting a headache with that is so screwy and the company to manage. If they hired BMO to raise money they would a fee. If I bring a client to the bank they pay, but who did the deal .... I don't know. Take it up with Phinney.
.Rumor has it, he may be closer to the action than most would think...... Who are you even talking about?
. As for who is interested in this project. only Robins team knows, but there have also been rumors that more than just the Braich Group have shown interest, based on the bee hive of activity at the Wynyard site the past few months.........Yeah they are doing work. Dah!
If the Braich Group gets the nod from Dundee Good luck with that one.
I would assume construction of the necessary processing equipment would start within 30 days of the signatures on the dotted line.......... The world does not move that fast and Robin will be the first to tell you that. Money and securites would be n new year. Construction hopefully spring depending what deal gets done. At the rate they are going it coulc be another year.
I doubt we are looking at a 3 year time frame to completion if this offer is accepted........ plant completion 2 years. Full operations and CASH FLOW 3 1/2 years from today. Money make the world go round.
If GSFC ever wants shareholders to support them, they first need to explain their roles during the past year, including where $15 million dollars was spent.. They did at the AGM you're not satisfied and will never happen. you few guys barking about it won't change anything one there is a deal on the table. Grow-up its all there in the financials or can't you count.
Anyhow, we are wasting our time arguing the same sh*t over and over. If Robin won't tell shareholders take it up with him.