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    Randy Liggett

    Research Analyst at Private Investor

    Randy Liggett's questions to GULF RESOURCES (GURE) leadership

    Randy Liggett's questions to GULF RESOURCES (GURE) leadership • Q2 2023

    Question

    Randy Liggett, a private investor, questioned the company's continued reluctance to hire investment bankers and a PR firm, highlighting ongoing shareholder frustration and a stock price that fails to reflect the company's value, even when bromine prices were high. He also directly asked if Gulf Resources had received any unsolicited offers to be acquired or taken private.

    Answer

    CEO Xiaobin Liu, via interpreter Helen Xu, stated that the company has not yet engaged with investment banks because its key projects have not reached a stage where they can demonstrate their full development value, which is a prerequisite for productive discussions. Regarding buyout offers, Mr. Liu confirmed that the company has not received any and is not considering a sale, as management is confident in the company's significant long-term potential. Helen Xu also assured that the company website would be updated to improve shareholder communication.

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    Randy Liggett's questions to GULF RESOURCES (GURE) leadership • Q2 2023

    Question

    Randy Liggett, a private investor, expressed shareholder frustration over the company's persistent refusal to hire investment bankers or a PR firm to improve its valuation, noting the stock price remained low even when bromine prices were at a peak. He also directly asked if management had received any unsolicited offers to acquire the company or take it private.

    Answer

    CEO Xiaobin Liu, speaking through an interpreter, stated that the company would engage with investment banks only after its current projects demonstrate clearer development value, which would give them a stronger negotiating position. Mr. Liu also confirmed that the company has not received any unsolicited acquisition offers and is not considering selling, as management is confident in the company's long-term potential. IR Director Helen Xu added a commitment to improve shareholder communications and update the company website.

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    Randy Liggett's questions to GULF RESOURCES (GURE) leadership • Q2 2023

    Question

    Randy Liggett, a private investor, questioned why Gulf Resources has been reluctant to hire investment bankers and a PR firm, given the stock price does not reflect the company's value, even when bromine prices were high. He also asked if the company had received any unsolicited offers to be purchased or taken private and requested better communication and website updates.

    Answer

    CEO Xiaobin Liu, speaking through IR Director Helen Xu, explained that the company wants to wait until its projects are more advanced to have a stronger negotiating position with investment banks. He confirmed that Gulf Resources has not received any buyout offers and is not considering selling the company due to its belief in its future potential. Helen Xu also committed to updating the company website and maintaining transparent communication with shareholders.

    Ask Fintool Equity Research AI

    Randy Liggett's questions to GULF RESOURCES (GURE) leadership • Q2 2023

    Question

    Randy Liggett, a private investor, questioned the company's ongoing reluctance to hire investment bankers or a PR firm to address the stock's persistent undervaluation. He also asked if Gulf Resources had received any unsolicited offers to be acquired or taken private.

    Answer

    CEO Xiaobin Liu, via interpreter Helen Xu, explained that the company is waiting for its key projects to mature further to strengthen its negotiating position with investment banks. Mr. Liu also stated that the company has not considered selling due to its belief in its future potential and confirmed no unsolicited offers have been received. IR Director Helen Xu added a commitment to improving investor communications and updating the company website.

    Ask Fintool Equity Research AI