GMC
Click for more information
0.00% 0.6¢ gulf manganese corporation limited

Ann: Termination of Binding Agreement, page-188

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. notlistening14
    1,908 Posts.
    lightbulb Created with Sketch. 802
    clock Created with Sketch.
    22/02/17
    20:20
    Post #: 22824110
    Again.

    The company has stated their costs are $793/US tonne.

    I have factored in 42% dilution. That was in addition to the FULLY DILUTED 1.8bn shares. If you want to factor in even more - say 50-60% dilution and a lower 78% ferro-Manganese spot price then the current $1800/US/t, the figures with just two smelters are still impressive.
    Last edited by notlistening14: 22/02/17
    GMC Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add GMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.