Announcement Due Soon most likely. Top-up Time, page-9

Annoying is GMC's use of the word "update" and "imminent"

	Column 1	Column 2
1	27th	Capital Raising Update
2	20th	Capital Raising Update
3	16th	Half Yearly Report and Accounts
4	10th	Capital Raising Update
5	9th	Gulf Corporate and Operational Update
6	3rd	Capital Raising Update
7	February 2017
8	24th	Gulf Capital Raising Update
9	20th	Termination of Binding Agreement
10	16th	Response to ASX Aware Letter
11	16th	Cornerstone Investment Update
12	1st	Cornerstone Investment Update
13	1st	Quarterly Cashflow Report
14	1st	Quarterly Activities Report
15	January 2017
16	23rd	Gulf Company Update

You'd think with all these updates, something was actually happening?
History shows this is just not the case with GMC...

All that happened was a 75% drop in share price...

They like to do lost of updates, with little substance