Reality is GMM need $$ as part of this transaction...as good a...

Reality is GMM need $$ as part of this transaction...as good a transaction as it is...and these $$ they do not have!
I highly doubt Mitsubishi will free up any $$ upfront meaning a CR is highly likely at probably a 10% discount....which justifies why the sp has been held up so beautifully in the last week.
So whilst the buy side loads up (and rightly so) sellers will continue to offload as smart money waits on the side.
Great story to unfold here but to expect it to race to 30c now is premature.
We aren't in a bullish market so investors will naturally wait for all the boxes to be ticked.
Happy to be proven wrong but doubt it.