GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Termination of Binding Agreement, page-285

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  1. 2,345 Posts.
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    There is no second cornerstone investor...

    the alternative funding arrangement is a capital raising to a sophisticated investor (which is what "sources" have been referring to as the "second cornerstone investor").

    This is why GMC should be required to disclose how they plan to fund the deficit between the proceeds of the proposed capital raising and the EPCM contract.
 
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