"I think they will renegotiate their debt facility with more favourable terms"
Wishful thinking will get you nowhere, they already have the most favourable terms in the country. Any one buying this stock at this point in time has definately not done their homework on this company. And a cap raise these levels is pointless, they wouldn't be able to raise enough to last one month of production. One more thing, any one dreaming of a take over to ease the pain is just that, a dream. No one in their right mind would take this over with the amount if debt they have. DYOR
GBG Price at posting:
10.7¢ Sentiment: None Disclosure: Not Held