Bit busy but just quickly From the 4C, expected cashflows next Q $1.455m + possibly extra $200k for Supra, offset by $750k - $1.065m for GFS sales, so deficit of maybe $6-700k. Then there will almost certainly be sales of machines. The cost of manufacture is usually covered by the deposit, so even Miracle Valley will need to pay the remainder owing on the delivered machines. Then Gibio are taking delivery of machines etc, so can't see a need to raise money, certainly not at 25c.
With so much in the pipeline, they would only raise money at much healthier prices. They are very aware of dilution. The notice of AGM does make provision to raise money eg for the fit out of their cultivation facility however I can guarantee they will not raise money at any where near current prices.
RGI Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
