Guys its 84.7million aud its not pocket change and HSBC dont hand that kinda money out to every tom dick and harry. The smelter hub will be finished and GMC will be producing some of the highest grade manganese in the world. Manganese is a product the world needs. This is the game changing annoucement. Next the first dso export. Gmc have a further 2mill from the controlled placement early last year. Todays action was very bullish on a terrible day to relist with the us/iran news. Over 100mill vol at a vwap of 0.007. People exiting on news is to be expect for an easy couple of pips. We need that volume to continue. The party has only just begun and well done to those who held on.
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News: GMC Gulf Manganese Corporation Secures EUR 52 Mln Loan Facility, page-14
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