Capital raising may possibly need to be done but in a clever way not to introduce too much more shares. This way not to dilute the existing shares. There is some options still to exercise and I am sure there will be the possibility of some clients that need gas. Dennis may make some clever investment deal with them to raise more capital. But remember, that is if it is needed. In the last report Dennis was also going to increase his lending (I believe from his personal Super Fund)to GGX up from $500K to $1.2M. You got to have some balls to do that. So he is that confident in putting his money where his mouth is. You would have to be crazy to invest your personal Super Funds if there was no promising results to come. Think about that. I am a big believer in Dennis and all the GGX team. Things have been slow and they have hit a few hurdles in the past 12 months, but that is all over now. Now the future looks more promising.
GGX Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held