General GNX News, page-486

Below is not my AoI/E. However, I will pay closer attention between now and the potential premium 15%-19.99% subscribed by J-POWER.

Do we have any chartists among us? We attracted interest yesterday on this setup - credit @stockrocker_asx - it's touched $0.25 since.



Breaking out. Not @Stockrocker_ASX.



Sell volume drying up.



~2.5m in the order queue above $0.20.



The price at which the Shares will be issued to JPOWER will be either:

(i) The higher of the 5-day VWAP preceding satisfaction of the conditions precedent under the Subscription Agreement or the 5-day VWAP following satisfaction of the conditions precedent under the Subscription Agreement; or
(ii) $0.3525 per share being the subscription price cap.

whichever is the lesser between (i) and (ii).

At this stage, I'm leaning towards a 15% issue at $0.3525. We'll see how this MoU evolves if they're successful in winning the K2H JV tender.



Not financial advice.