GMC 0.00% 0.6¢ gulf manganese corporation limited

There's a reason that GMC has lost over 50% and looks set to...

  1. 2,345 Posts.
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    There's a reason that GMC has lost over 50% and looks set to fall further.

    If they fail to satisfy those conditions precedent tomorrow, they could lose the smelters.

    I really feel for those that bought in at over $0.02 only to have half their investment wiped out in 2 weeks.

    Its time to call a spade a spade - moratorium, Lee selling out, and quite possibly unsatisfied conditions precedent resulting in debt becoming due immediately.

    Tick tock to that deadline (which has already been extended once), now tomorrow
    Last edited by tt2000: 11/10/18
 
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Currently unlisted public company.

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