RE:Thinking of getting back inGensource currently does not have all of the funds available “to get moving” we have approximately 2,500,000CAD in cash so we’re able to sustain the current operating tempo for quite some time. We're in the last stages of the financing agreements and currently waiting on announcements for;
a listing on the London Stock Exchange (presumably for a secondary offering to raise our portion of the equity injection of 70million CAD???),
we’re also waiting for financing completion to be announced,
there were threats of a B/S lawsuit in Saskatchewan from some rejected German dude who threatened to sue Gensource into letting him be part of the financing deal. My take of it is that he wants to have a Canadian Judge force Gensource, Helm Fertilizer and the Banks to play with him because they kicked him out of the deal.
and there is also supposed to be well pad construction starting in the next few weeks.
I don’t know which order Mike and the board are going to announce all of this in, but it’s probably going to come in together pretty quickly.