Australia's largest stock trading and investment forum Australia's #1 stock forum

GMC gulf manganese corporation limited

0.00%

0.6¢

What can you expect from a middle person whose staff post on...

First 6 Last

Share
Profile

Follow
joemas

294 Posts.

23/06/17

19:40

Post #: 25462482
Share

Originally posted by ConcerndCitizen ↑

At least things are progressing again.

I have to ask though, am I the only one who finds it interesting that they actually raised $7 million, which under the terms of the offer would give Triple C 40 million options - then at the last minute one of their clients offers a $1 million, 2-year convertible note (at 8% interest) that technically puts the raising over the $8 million threshold and gives Triple C 80 million options instead?

The only other negative I'll point out (I genuinely am happy with today's announcement) is that yesterday production was on schedule for Q1 2018, but today it's been pushed back to mid-2018. And yet, "Significantly, our development timeline for the Kupang Facility remains unabated" - they just can't seem to help themselves.

Expand

What can you expect from a middle person whose staff post on here! GMC might be incompetent but I doubt the board members post on here, which leaves only one party who knows 'inside' information.

GMC Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Trump chides Powell as Goldman call for calm. The RBA must be nervous

I88

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

DMP

Is Domino's a steal after -25% plunge?

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

First 6 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

What can you expect from a middle person whose staff post on...

Top Stories

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

OncoSil wraps up recruitment for key pancreatic cancer trial

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Is Domino's a steal after -25% plunge?

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Featured News