This CR initiative by GXY really got a few of the...

This CR initiative by GXY really got a few of the doubters/downrampers fired up, frankly we don't need them beating the drum here nor appreciate their enthusiatic or at times concern about GXY well being.
I suspect (will know soon) there will be :
1) 1 in 10 entitlement to existing SHs at $.52 a pop raising approx. $ 95 m
2) New shares offer (200 m shares to fundies ) at $ .57 raising $ 115 m
3) 15% SDV stake offer to investor (Downstream battery related entity) for NPV x 15 % = $210 m
Total raised around $420 m (less management cost) plus free cash flow from Mt Cattlin (next 2 years) to fast track SDV.
Funding all sorted with plenty of contingency. (No future raising is required until completion [ with a bit of luck may be small dividends along the way] and this will eliminate the doubters/pests from raising negative sentiment about funding again)
Minimal impact to SP short term , but huge, huge upside and happy days ahead. Very good possibility that SDV will be in full production mode well before PLS.