Hopefully this Monday reveals:
- How much money raised and at what cost
- Exactly what the money will be used for (in detail, plus revised production timeline - first shipment before end of year? Or first ore processing revenue in 3months)
- Confirms ratification of placement at GM the following week.
- Relisting following GM + receipt of funds.
As other posters have noted - there is significant scope for near term cash flow as the smelters allow exportation of the ore - cash flow in the interim of them being set up to allow production of the FerroManganese final product.
GMC Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held