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GMC gulf manganese corporation limited

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Ann: Appendix 3B, page-6

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tt2000

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09/03/18

21:11

Post #: 31654991
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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

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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
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0 Great analysis

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Ann: Appendix 3B, page-6

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