Crap company, Sack the board, page-119

@teerak

You realise 1/10th of a cent is 10% when the bid-ask is 1/10th of a cent...

Basically when you buy into the ask (e.g. bid $0.010 - ask $0.011) you need it to appreciate by 10% just to breakeven..

He would need to sell into bid of $0.100 (which is 30% below his target).

Hopefully for @MrWisemanSays there is some announcement or anticipation of an announcement - I've noticed GMC tends to push up to $0.012 during these periods...

But the 31st May deadline is less than 15 business day away and ramadan starts next week. Anyone know if it impacts the business days in Indonesia???

Don't think it is going to end well if fiduciary agreement not reached, and GMC can't raise that $6M...

Wonder how much they need to ship those smelters. I guess they could always do a capital raising next financial year.