Ann: Capital Raising Update, page-29

@joemas,

They don't seem to know what context to use it in.

Given where GMC stand (now with a short term loan due), GMC's diligence should be focused on the ability of the SI to fund this.

Are they all talk (and just enjoying playing golf and being wined and dined) or is there objective evidence to suggest they have the funds and will complete the transaction as per the terms in a timely manner.

If Triple C is acting commercial adviser, surely this falls in scope for them....
(and they should have provided this advice to GMC in relation to the Pak transaction).