Phoenix Portfolios are already gone. See Notice of ceasing to be a substancial holder 1/10/2019.
IMO GM will do nothing for now as the aim of obtaining control has been achieved. Remaining company funds will be spent investigating whether a move to early mining can be made.
A cap raise probably occurs within 6 months when remaining holders will have to decide whether to contribute or get diluted. IMO
GLTA.
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