Well they need to raise another at least $80m equity raising withing 9 months...its clearly visible they are going down the path of doing this equity raising in stages...at least 2 to 3 equity raising in regular intervals of few months from now...i would see that the selling pressure will remain until production and cap raising partcipation companies may short in general...35 cents reall possbility and i have no doubt that it can go further down before it starts production...best time for me to buy this on next christmas probably on similar price as amx...
GRY Price at posting:
56.5¢ Sentiment: None Disclosure: Not Held
