This makes for ugly reading:In the Quarterly cashflow report...

This makes for ugly reading:

In the Quarterly cashflow report published 31st July, GGX had only 807K in cash. Their next cashflow report will reveal they have around $600k in cash.

That equates to $0.003 cps of cash.

So in other words, GGX's price, at 7 cents, is made of 6.7 cents of EV, and only 0.3 cents of cash.

Their last capital raising was at 5 cents. In the absence of an immediate merger, the next capital raising will be at similar levels.

You can see why those with big interests in GGX want to merge with OIP in such a big hurry.

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