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0.00% 0.6¢ gulf manganese corporation limited

Ann: Share Placement to Advance Kupang Smelting Hub Facility, page-50

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  1. Abacoolloo
    404 Posts.
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    10/04/17
    13:42
    Post #: 23975346
    • Terms agreed upon with sophisticated investors to invest an additional minimum of A$3,500,000 of a future Capital Raising upon signing of final land lease agreement for Bolok Industrial Estate

      Did anyone pick up that we haven't signed a final land lease agreement? I'm sure that I've read in previous announcements that they were preparing the site. Were we spending money on a site we haven't confirmed yet? I stand to be corrected but if that is the case it seems a bit odd!
    GMC Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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