Few of the doubters and downrampers really have a field day knocking GXY management decision to raise part of the funding for SDV via CR in combination with other initiatives (that yet to be revealed).
CR may be a DIRTY word to many and often associated with capital dilution and falling SP. Only IF the money raised is used to repay debt or re arrange loan closed to maturity or use to prop up budget shortfall/overrun etc etc.
GXY has none of those but to execute a lucrative business opportunity that many are envy of, a very high margin business venture for many years to come .
The CR is only small part of overall funding scheme together with others which will be revealed tomorrow.
GXY is set for lift off, those haven't got a ticket unfortunately will miss out (include a few of the doubters (invaders) in this forum who are obviously upset for missing out of the rocket ride )
GXY Price at posting:
59.5¢ Sentiment: Buy Disclosure: Held