Tuesday, July 25, 2017 11:11:14 AM
Thought I would take a moment to check in as there is no real news.
Looks like Troms Sirius made a run to Sekondi/Takordi and is now in Abidjan. Troms Lyra has made it past the Canary Isles and shows an ETA of 7-29 for Conakry. SVS Guardsman continues to make occasional runs from port to drill ship. Haven't found any other relevant ships yet, but at least some progress is being made.
I received my voting info late last week and I see they are already sending out reminders on the reverse split vote.
I also received another solicitation from Katalysts the week before last so they are still nickel and diming the current shareholder base until they can come up with something better I suppose. I hate to see current shareholder base "cannabalised" to raise capital. It really seems to be keeping a cap on the share price. At least the market seems to be absorbing most of it and holding the line at the 1.43 price.
I am anxious to know how the "8 country deliveries" are progressing. I would like to see them start drilling. Hoping they can fund the effort and maintain the 50% (particularly if the reverse split comes to pass).
GLTA
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