GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Appointment of Administrators, page-92

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  1. 1,507 Posts.
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    The smelter furnace 'sale' is only a pyrrhic victory to Fofo and a transaction that's easily reversed, necessarily so if he wishes to get his money. He hasn't got anything of standalone value to him and will incur a massive cost to remove the equipment from PT GMG's site plus a substantial tax bill (a reversal of the tax break obtained by PT GMG)
 
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