RE: Funding and Prospectus31 Oct 2023 07:08
Agree JC and they have the POG in their favour too as it is widely expected that it's going to soar way above 2000.
Ultimately the deal will be good for GCAT because, as you say, it will permit expansion and ultimately increase profitability. But there is absolutely no harm in acknowledging that Robbie's cards are transparent at this juncture so he needs to earn his corn by maximising the best deal for GCAT. This is obviously a lot easier if multiple players at the table but if its a single option then its a very tough negotiating position