RE:RE:RE:RE:RE:RE:RE:RE:GSP $700k Private Placementsw248, if there is a will, there is a way, but the markets are not exactly in any of these potash juniors favour. Lower potash prices are definately not helping the equation, but this management team has been through the high and low cycles, so I am sure they have a plan in place.
If GSP can attract investment without dilution or consolidation that would be ideal, but half a billion shares is substantial.
I totally respect the fact that the execs of GSP have not relied on a wash, rinse, repeat consolidation plan, but at some time the discussion needs to be had.
Tomorrow Encanto Potash shareholders who have been pounded by 2 consolidations in the last 5 years will hold 5 times less shares than they held today.
The last one in May 2018 was ten times less, so it certainly could be worse..