2x cap raisings have already been completed for GMC recently with Triple CCC being involved in both. They are full funded and I am expecting the cornerstone investor deposit to be locked! With the strong possibility of additional funding?
They will have a cashflow positive operating early next year. I have heard nothing about a cap raising. They have no need to raise capital again IMO. But this is the share market and one can never really know.
I think tomorrows announcement will be extremely positive for GMC.
GMC Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held