GMC 0.00% 0.6¢ gulf manganese corporation limited

What Are You Going To Do?, page-26

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    They can sell ore that has undergone some processing. To sell ore that has not been processed they have to apply to the government to get a special licence/excemption. This licence is only granted if they can demonstrate that they are in the process of establishing operations to process the ore. If I remember correctly there is 5 year window where this allowed. As far as I am aware GMC has not applied for a special licence/exemption.
 
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Currently unlisted public company.

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