GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Capital Raising Update, page-18

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 324 Posts.
    lightbulb Created with Sketch. 36
    I was merely pointing out that you cant make a false individual accusation implying He was personally involved with the case. We do not even know the full facts.

    Yes, legal system in our beautiful homeland so called Australia is much better than Indonesia however we do not escape from corruption scandals either (look at unaoil and The Panama papers).

    Now back to GMC.

    I do not understand either till now why the early binding agreement could not be enacted? Has it been pursued through Indonesian legal system? GMC perhaps can give us an answer on shareholders' meeting? This still mysteriously unanswered to date.

    Yes, GMC management is at fault in their due diligence when it comes to CI. FA long still intact if funding is secured. So I believe this is a second chance given to GMC to path their way to achieve this project.

    My general opinion.. It is difficult (but not impossible though) to pick a business as suitable investment these days. TPM and HHL have strong FA however their shareholders see their investment halved. On the other hand, FMG was loathed with hatre and curse prior to 2016 making a big turnaround within a year. Go figure.
 
watchlist Created with Sketch. Add GMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.