GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Termination of Binding Agreement, page-263

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  1. 2,345 Posts.
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    Yepp, time is of the essence and all we've seen is delays and excuses from this current management team.

    Through the Pak negotiation, management have shown us a botched deal.

    To get this Project to commissioning, there will be many more negotiations required with Indonesians - I really think we need to review who we've got steering our ship if we ever want to see this rewards of this Project.

    But having said that, first things first, are management even capable of securing funding and at what rate.

    The last time the placed to an SI (to Triple C's clients) we got absolutely bent over - effective raising price was $0.0112, at the time

    Pak was "buying in" at $0.09
    Share price was $0.018
    (Project value of up to $0.28)
    Last edited by tt2000: 26/02/17
 
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