I'll be betting that you are posting on the wrong board and meant to post for GEM not GEMD laugh out loud. Yes GEM does have 30 mil debt i believe. GEMD, on the other hand has 50 or 60 mil cash.
Look forward to the RNS next week.
Guess that just about sums up my attitude as well. Be nice if we didn't have to wait all year for some figures. I doubt the year end figures, just gone, will surprise
Thanks Phil. Nice to finally read some sense on this BB. I was beginning to wish I hadn't signed on today and seeing your post I'm not sure that has changed. So the commitment by the bod, back then, was another exploration well before Oct 2017.
All i heard at the AGM was a lot of 'fluffing'. It's not difficult for the bod to explain if the Falkland Islands Government no longer deem this a requirement for extension. If that were true they would have clarified it by now and more investors may have had something to be interested in.
I assume therefore that our company may only have an 22 months shelf life.
Still my shares aren't worth selling at this price.
Well I don't consider I am a de-ramper just airing my views on a less than stunning paper investment. i'm not suggesting people sell shares. indeed people who buy will get it far cheaper than a lot of us.