Geoff: I think you answered your own question. When GPGI shows the world they are able to extract PGM's profitably from the desert sands, financing will be a very small issue indeed. The financing could take many forms it seems to me, e.g., JV, bank loan, private placement, buy-out, etc. In fact, I bet Dick Jensen will have more offers of financial help than a good-looking hooker on Kanal Straat.
Think of it! Platinum, etc., from the desert sand... sort of sounds like alchemy doesn't it?
On another subject, IR/PR. Believe me, when the technical problems have been solved and the process can be replicated, there will be money for PR and Dick Jensen won't be bashful about spending it. His position has always been that production results must come before witless hyping. Now that it appears we are very close to achieving something positive, let's give Dick a break for a few weeks to see what develops. He's never been bashful about keeping shareholders informed, but he has been perpetually reluctant to "make news," just to appease speculators, or even long term investors.
I liked the stock action the last few hours today. I wonder if our friend Zeev will really wait for a break-out above $3.50 to buy anew?
Regards to all--
JW |