GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Suspension from Official Quotation-GMC.AX, page-57

  1. 2 Posts.
    My understanding is - the Indonesian government does not allow the export of unprocessed Mg and therefore it is essential that GMC is granted the license to set up the processing plant. In what appears to be a finalised agreement to purchase the 2 smelters from South Africa, it may have jumped the gun. On 5 July, GMC stated that it had been advised that it will receive all relevant permitting approvals on or around 26 July.
    I cannot find an announcement that the license for the smelter has been finalised/granted.
 
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.