GMC 0.00% 0.6¢ gulf manganese corporation limited

No you need to re-read the announcement. $6M for 25% of the...

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  1. 2,345 Posts.
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    No you need to re-read the announcement.
    $6M for 25% of the project, leaving GMC with 75%.

    The rest of the funds are debt - they need to be repaid no different to a loan.

    GMC should be allowed to do a CR next financial year. I think we will see this CR soon and probably explains the sell down.
 
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