funding & construction 2016-2017 could run into 2018 early ... commissioning 2018...
developing strategy now apply for license til 2015, ..... exploitation license 2016 ... construction start hopefully end of 2016. all from gml PDF
management has never cared about it's stockholders as suggested from past history. There is no rush with this one unless they are earning & making profit. Until that happens this is a dead weight stock... they have always used the stockholders as a way of staying in business because of the negative cash flow & earnings. I think this is overpriced here and would wait ,it will come down some more based on revenue generated. Still needs a large amount of money that I can't see happening in this environment unless it issue's more stock which in return dilutes even more. Case closed !!
they dont care about shareholders as in the past !!! used stockholdings to stay in business and kept dropping. it's about earnings and cash flow which neither is happening.
sure by taking on more debt , debt is way to high globally and a reset is in order to flush the system. Hi BK's are ripe and on the way with consolidation of companies. So the easiest way going forward would be to issue new shares of stock for projects.
however enough now for another 6 mos , china growth is 10 years . Also some of the growth a few years out is thorium . i see this a few years down the road maybe if the project gets large funding which equates to dilution. mining is buildout takes YEARS....... before profits start rolling in
The market is BUBBLISH & nobody wants to get taken to the cleaners. Russell from 333 to 1183 come on that's suicide buying anything in that index !!!
forgot to mention they need capital so that is another reason to reverse split. Don't see anyone else giving more capital based on the last few years of revenue/fundamentals for sure. I think Sand hill is done for unless they get interest in company but not right now.
wait until you see dilution ending & company actually pick up steam making money. Way to much FAT Expenses/Salaries & foolish spending. A change is needed from top down !!! Dilution started @ .044 with 37 million shares (Sand Hill negotiated debt). Don't see how you can benefit with the current situation based on fundamentals, that's for sure. Would be careful here .. a reverse split would help with the slack but just my opinion ( I think it will happen or else they just dilute into oblivion for a very long time)