The announcement last week said that GMC would make an announcement in relation to the capital raising once it was finalised and expected this to be no later than today.
Lets hope that the announcement yesterday wasn't the one referred to in announcement last week, as it was open ended in relation to timelines. If GMC can no longer put a timeline to when it will be finalised, I think we are set for another long Pak style wait.
Lets hope we get that announcement today....
Ann: Gulf Corporate and Operational Update, page-34
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