GMC
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0.00% 0.6¢ gulf manganese corporation limited

Ann: Cornerstone Investment Update, page-4

  1. Wayne78
    40 Posts.
    lightbulb Created with Sketch. 1
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    16/02/17
    19:32
    Post #: 22680140
    Hmm

    No real mention of CI2...

    Pak given until Saturday (?) 18/2 to deposit funds, and if that happens it will be announced immediately. However, the company intends to make an announcement on the 24th....

    So the first 1.5 paragraphs tells us what we already know. The next half paragraph tells us we're still at Pak's mercy, and the last paragraph tells us the board doesn't think the deal will go ahead.

    Happy days...
    Last edited by Wayne78: 16/02/17
    GMC Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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