GMC 0.00% 0.6¢ gulf manganese corporation limited

GMC 2018 Closing Low, page-5

  1. 1,318 Posts.
    lightbulb Created with Sketch. 30
    With access to a further $7mill which they have not began to utilise, and an additional $2mill which they have already received. You seem to always omit this from your trolls.

    They basically have $15mill funding for this project as per their latest funding announcement.

    Not to mention the oppies alone with such a low strike price will almost guarantee a further $8mill+ to the company on top of the $15mill already approved, whether they're exercised via holders or underwritten.

    Expect this to go crazy in the next 3-4weeks following the EOFY clean up.

    Also you stated a current MC of $34.7m (including options). That's not too bad with access to over $23mill including option exercise.

    All IMO, DYOR.
 
watchlist Created with Sketch. Add GMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.