The decline in SP stemmed in the most part from uncertainty about if and when GGG would do a cash raising.
With cash now in the bank from existing shareholders (rights) and new institutions (Danish Pension Funds) and with a decent amount of positive news flow due from:
Firm JV / Funding agreement with NFC
Uranium Partner
Off-take Agreements
Completion of EIS / SIS
Finalisation of Danish / Greenland Co-operation Agreement on U
Lodgement of Mining License Application
I can see the SP headed straight back to 30c+ in the short term!
GGG Price at posting:
11.5¢ Sentiment: None Disclosure: Unspecified
