RE:RE:RE:Q2 2024 Financials / MD&A outsw248, as much as management has done a fantastic job in being able to resist share consolidation to date, at some point it becomes a reality for every publicly traded junior who has had difficulty realizing expectation leading to excessive shares outstanding.
With GSP seeking a couple hundred million dollars for project financing, a major investment like that at .08 cents would put Gensource at several billion shares outstanding.
It really sucks, but share consolidation is part of the junior miners playbook when shares trade below a dime.
It is what it is!