RE:Your take Resourse, that is the million dollar question
How could any shareholder not named GSFC think the .17 cent Rights Offering was a good idea. What ever happened to getting 51% shareholder approval before moving forward with a financing that affected everyone
The dilution alone was hard enough to stomach in relation to the amount of cash raised, but giving voting control away was the real punch in the guts.
My opinion has never been a secret regarding the the Nitrogen plan, as far back as fall 2017 when the idea was being floated around. That opinion has not changed, but unfortunately the treasury sure has as a result of that idea
I tried my best to introduce another potash option for shareholders to consider at that time, but it never materialized. Instead lawsuits were the flavor of the summer of 2018, and continue to linger today.
I couldnt agree more that until all the litigation is put in the rear view mirror, it will be difficult to gain much traction, as many eyes on both sides of the pond are watching this one closely