Stan
>The consortium has an option to acquire up to a 19.9% interest in the ordinary share capital of GBM at 5 cents per share in a second tranche placement, which is subject to Shareholder approval at GBM’s annual General Meeting on 23rd November 2012.
one would hope the study, if its going to affect the SP, to be released prior to 23rd. So as to reject the massive dilution in the AGM and try & raise at a higher price.
Also, there would be many angry people at the AGM if it were not released prior.
I vote for Monday the 19th, so they can have the AGM in a more enjoyable situation.
scoping study countdown, page-31
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