This will just be another Rights Issue similar to the one we had last year - probably a one for five for existing shareholders.
The reason for the delay would be the current market conditions and probably sorting out the final underwriting details with Patto's, and other parties.
No hidden agenda's - just other 5 or 6 Mil. needed, to get them over the line with the mining license app.
Probably end up with a 0.4 cent share price in the short term, till we have some more P/S announcements.
Waiting for the Danish / Greenlandic Uranium mining policy to be sorted - hopefully by end of October!
GGG Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
