Did you actually hear that the capital raising will be to an equivalent amount that was deposited by Pak (i.e. US$10M)?
We've learnt that the timing is almost always subject to change with GMC, but it would be a big positive if they SI is contributing US$10M ($13M AUD)...
The remaining $6M AUD could be bridged via the methods alluded to in today's announcement.
Do you mind sharing who told you this?
Cheers
GMC Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held