GMC 0.00% 0.6¢ gulf manganese corporation limited

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  1. 1,890 Posts.
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    "GMC doesn't own a single mine nor a single Mn ore exploration permit."

    Don't worry princess, it won't be long as below.

    "Kupang Ore Supply & Project Acquisition Strategy


    Gulf continues to actively assess acquisition opportunities, and on May 2, due diligence into the acquisition of a high-grade Timorese Manganese Mine was completed, with acquisition terms and conditions currently being finalised with the parties involved.

    The Company also advised that during the quarter, it entered into an MoU to undertake exclusive due diligence on the acquisition of a number of additional high-grade manganese mines in the Timor area. The Company looks forward to providing further details on these acquisition opportunities at the appropriate time.

    To oversee and manage Gulf’s acquisition strategy moving forward, Mr David Brown was appointed as Director of Mining and Ore Supply, based in Kupang. "
 
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Currently unlisted public company.

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