GMC 0.00% 0.6¢ gulf manganese corporation limited

Not looking good for GMC, page-8

  1. 123 Posts.
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    Same old “two” downrampers commenting. Must get a life and move on. Trying to get their kicks out of downramping a small cap.

    Yes cash diminishes in every revised start-up that’s why there is a thing called a balance sheet to report capital assets where monies are spent. (Additional funding is another issue). 90% of monies are going to capital assets not high Exec salaries and corporate overhead costs.

    But a non accountant would not understand this point.
 
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