GMC
Click for more information
0.00% 0.6¢ gulf manganese corporation limited

I think most here have overlooked the purpose of the capital...

  1. giuseppe11
    258 Posts.
    lightbulb Created with Sketch. 24
    clock Created with Sketch.
    18/05/19
    05:10
    Post #: 38624817
    I think most here have overlooked the purpose of the capital raise. Look at the last point - “the placement funds will be used for working capital purposes”. What a JOKE. These funds are to be used to pay wages no wonder Hamish is pleased. Not even a cent goes to funding the construction which is only 63% complete.
    GMC Price at posting: 0.6¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

PLS Pilbara blames low lithium prices for 89% drop in profit for FY24
right-arrow Created with Sketch.
NEWS Inflation cools in the 12 months to July, on-target reading of 3.5%
right-arrow Created with Sketch.
NEWS Reporting wrap: Bendigo and Adelaide Bank, Tyro Payments, NIB Holdings, Adore Beauty
right-arrow Created with Sketch.
NEWS Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch
right-arrow Created with Sketch.
HAR Haranga Resources reports significant resource upgrade at Saraya Uranium Project
right-arrow Created with Sketch.
JAV Javelin increases the resource of Coogee in WA by 158%
right-arrow Created with Sketch.
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.