GMC 0.00% 0.6¢ gulf manganese corporation limited

They currently negotiating with Pak and also are negotiating...

  1. 1,162 Posts.
    lightbulb Created with Sketch. 2
    They currently negotiating with Pak and also are negotiating with cornerstone investor number 2. Pak wants more control. Playing hard ball.

    Either way I think a cap raising of some sort will be needed for cash flow. Maybe a minor cap raising at 1.5c to keep things rolling while negotiations progress.

    If no deal reached with either potential contender stone investors then possibly a big cap.
 
watchlist Created with Sketch. Add GMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.