Australia's largest stock trading and investment forum Australia's #1 stock forum

GMC gulf manganese corporation limited

0.00%

1.3¢

Ann: Appendix 3B, page-6

First 6 Last

Share
Profile

Follow
tt2000

1,716 Posts.

54

09/03/18

21:11

Post #: 31654991
Share

Originally posted by gowin ↑

This is good as they have standby cash facility in case they need mney
and as explained in the announcement GMC has control over this
facility

Expand

100m shares shorted @$0.01 =$1m

Hardly stand by capital when cash burn is $3.0m per quarter.

At best it extinguishes the convertible note if redeemed

GMC Price at posting: 1.4¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

CVL

Civmec earnings: Profit climbs as $1.4b order book backs FY27 growth

D3E

D3 Energy detects gas in South African helium hunt well

IMR

Imricor Med and Philips launch commercial iMR lab solution

MEM

Memphasys receives early Thai FDA Felix approval

SEN

Senetas experiences stronger cash flow as revenue rises, flags FY27 sales pipeline

AS2

Capital Compass: Askari Metals advances Ethiopia strategy as permitting remains key focus

HotCopper Highlights Week 35: X2M, AnteoTech and Brighstar dominate forum chatter

TGN

Tungsten has soared +700% YTD, the US is curbing its exports, and this ASX stock is targeting production in Q1CY27

4DX

4DMedical posts FY26 revenue growth as commercial deployment ramps up

NVA

Nova Minerals achieves key milestone on path to Alaskan antimony production

First 6 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Appendix 3B, page-6

Top Stories

Civmec earnings: Profit climbs as $1.4b order book backs FY27 growth

D3 Energy detects gas in South African helium hunt well

Imricor Med and Philips launch commercial iMR lab solution

Memphasys receives early Thai FDA Felix approval

Senetas experiences stronger cash flow as revenue rises, flags FY27 sales pipeline

Capital Compass: Askari Metals advances Ethiopia strategy as permitting remains key focus

HotCopper Highlights Week 35: X2M, AnteoTech and Brighstar dominate forum chatter

Tungsten has soared +700% YTD, the US is curbing its exports, and this ASX stock is targeting production in Q1CY27

4DMedical posts FY26 revenue growth as commercial deployment ramps up

Nova Minerals achieves key milestone on path to Alaskan antimony production

Featured News