starsky sorry to sound snappy, had bad day in the office Friday morning.
Yes the company does need funding in order to progress, however, every pip movement should not be analysed as the MC is only $20 odd mill which makes it an absolute bargain at current given the potential so Investors & traders will see value in GNX right now.
Having said that, plenty of other ways to get money other then a CR. Would be best to wait and see how this plays out rather then comment on every pip.
GNX Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held