GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Gulf Corporate and Operational Update, page-32

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  1. 2,345 Posts.
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    First things first.
    The capital raising with SI needs to be agreed before jumping ahead to relisting.

    Now that GMC have a loan, depending on when it falls due, there is a risk of administration. However, a company cannot trade insolvent, so they must have some confidence that the CR will proceed.

    Hopefully news today...
 
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