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0.6¢ gulf manganese corporation limited

Correct 100% And if you look at the top of the page on hot...

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tt2000

2,345 Posts.

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28/02/18

23:35

Post #: 31433626
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Originally posted by rocket973 ↑

If GMC announced in its Quarterly report that it projects or assumes that they 'll be out of cash by end of the March Quarter, then only a fool will believe that they'll magically have more money, or worse still have the money still in the bank because the secondhand furnaces haven't been shipped.
The fact is GMC doesn't actually think it will have DSO approval during the March Quarter, because if they actually KNEW that they'd have DSO approval during the Quarter then you can be sure it would be in the income part of the Financial Report.
The sophisticated investors won't pump more funds into this dog unless DSO approval is actually approved and announced, forget the words imminent or most likely or perhaps. These words are not for SI, these words are only for the run of the mill uninformed (blinkered) GMC shareholder, so they can post their drivel on hot copper to spruik the share price.

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Correct 100%

And if you look at the top of the page on hot copper you will see GMC pay for advertisements on HC, supporting this theory that that see this as a marketing platform - read footnote.

GMC Price at posting: 1.2¢ Sentiment: Sell Disclosure: Not Held
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