My prediction is the next announcement will occur by GMC in relation to the tenth delay.
I think it goes something like this - let's see how accurately I can predict it
Anyone have any other predictions?
Update on Gulf Refinancing
As previously announced Gulf Manganese Corporation Limited (ASX: GMC) (“Gulf”
has
executed term sheets for the establishment of a financing facility for completion of its ferro-
manganese processing hub at Kupang in West Timor. Completion of the finance facility continues to be frustrated by the serious spread of
coronavirus, with the resultant adverse impacts on all aspects of business, particularly in the
UK and USA from where the funds are expected. Accordingly, Gulf requests the voluntary
suspension of its securities remains in place until 30 June 2020.
Gulf has been advised that the anticipated closing date for the transaction will now be by
the end of June 2020.