Mate, GMC is trading at its all time low now and about to make a...

Mate, GMC is trading at its all time low now and about to make a new low at $0.006, which is now the bid - I do not think anyone is buying this.

As I previously mentioned, I expect the share price to gravitate toward $0.005 given there are 1.6 billion options at $0.005 expiring in 20 business days.

I wonder if GMC are relying on the cash from option conversion as a source of funding. If so, and the share price drops to below $0.005, no one will be converting their options (as they will be out of the money)

Remember the auditors stated that the operating cash flows "indicate a material uncertainty that may cast significant doubt about the Consolidated Entity’s ability to continue as a going concern, should the Consolidated Entity be unsuccessful in completing the required funding, finalising offtake finance, and commencing production."

This is a sad situation for shareholders that have been waiting for DSO for over 3 years now