RE:2 penny stocks I’d buy to hold for 15 years!Nice find, Cloudy.
I found the paragraph below most interesting. Sounds like the author is someone who is fairly well acquainted with GSP. Could go hand in hand with the recent blanking out of HELM's 35% ownership percentage in the corporate presentation. HELM could be supporting the project further, and at better terms. And without a project timeline currently in the Corporate Presentation, I would imagine the author spoke with GSP recently to come up with that 2024 production date, which would imply a financial close and a construction start in the next few months.
"First supply is scheduled to come online in 2024, and the business has the financial backing of chemicals giant Helm AG to get the project off the ground. Under the deal, Gensource will supply product to the German company for 10 years."