I don't think GMC will be receiving any funding.
Who is going to provide debt when their main asset has already been securitused?
My reference to the $65M was in response to someone else's comment.
I do not think GMC will receive any funding, and I see this as the end of the road. My prediction is this is related to voluntary administration, as they've run out of cash because they can't service the $5M debt.
I did say that 0.010 would be the 52-week high and it has turned out that way unfortunately.
I think $0.004 will be the new 52week high now, if GMC manages to ever trade again....
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