There are approximately 35 million units for sale between 1.1-1.5c which is only 2.5% of floating stock and a fraction of total stock on issue 2.6 billion units. The sale quantities listed in market depth are only the tip of the iceberg. Aside from that progress is encouraging but as I have previously stated this project won't resonate with Australian investors which is why they should have listed in Singapore.
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Gulf Manganese Research Report, page-22
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