GMC 0.00% 0.6¢ gulf manganese corporation limited

Yeah fair call. I think the share price does reflect the amount...

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. 245 Posts.
    lightbulb Created with Sketch. 117
    Yeah fair call.

    I think the share price does reflect the amount of risk that is at stake here. Also is the aftermath of the breakdown of Pak's deal which put the company in a weaker position then before (4c).

    Fofo agreed to a 1.5c subscription(yes with conditions attached - hence the risk attached). The current share price range of 1.2c-1.3c seems quite reasonable considering this.

    If all the ducks line up these current prices I believe are very attractive.

    Also considering there are some major milestones potentially being met in the next few months. Especially that of low to medium carbon high grade Manganese Alloy production and sales.
 
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.