That's some relief if they have made progress with cornerstone...

That's some relief if they have made progress with cornerstone investor number two which was briefly mentioned in their announcement a few weeks back. This investor was originally coming in for around 8mill in addition to Pak but once again nothing was official, so take that as you will. There is some hope with this investor coming through. Although they have botched deals before!
GMC are desperate now and need to make something happen. I believe they will as they have too... but the terms definitely won't be as favourable as before. The original deal was done with Manganese at significantly lower prices. Manganese has performed well the last 6 months and any new deal will take this into account. Hopefully they get something done. Sick of my money being tied up.