GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Capital Raising Update, page-64

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  1. 1,908 Posts.
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    Hopefully this Monday reveals:
    - How much money raised and at what cost
    - Exactly what the money will be used for (in detail, plus revised production timeline - first shipment before end of year? Or first ore processing revenue in 3months)
    - Confirms ratification of placement at GM the following week.
    - Relisting following GM + receipt of funds.

    As other posters have noted - there is significant scope for near term cash flow as the smelters allow exportation of the ore - cash flow in the interim of them being set up to allow production of the FerroManganese final product.
 
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