Last quarter they spent $15,573,000 they still had $30,646,000 at the end of the September Quarter. They probably have circa $23,000,000 left which will run out around March. Imo it is prudent to have funds prior to that and good preparation ( especially before Christmas) but not for the share price. I would not like to see a capital raising to close after Christmas. My greatest hope is that the news flow in the next 30 days or so is very good to say the least.
GRY Price at posting:
68.0¢ Sentiment: None Disclosure: Held
