GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Prospectus, page-19

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  1. 135 Posts.
    lightbulb Created with Sketch. 85
    You sound like its that easy to raise funds let alone $12M. Some listed companies to mention PDY has been trying to raise funds for more than 3 yrs now and still insuccessful
    and suspended till now. With missing deadlines it is normal for companies to miss deadlines as they are not the only parties to the negotiations and often most of the delay is
    on the other parties which is beyond the control of mgt Be reasonable and not put all the blame on the mgt. You should be happy that mgt is able to raise the funds considering a lot
    of small listed companies cannot raise money and gone backdoors.
 
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