GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Gulf Receives Operating Licence, page-21

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  1. 164 Posts.
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    i don't doubt what the text says (and yes i agree with your translation above), but why would GMC management disclose the power costs at this stage in the project?

    They would have entered into an agreement, that would be at a wholesale distribution level, not some average punters household rate.

    I think you understand and have a better outlook on global electricity prices, however, until such time that this figure is disclosed, there isn't a reason to keep harping on about it. We get that you think that the price will be somewhat higher (it is a 3rd world country after all) however i'm personally interested to see the agreed rate and the strategy to keep the price as low as possible and supply levels high.
 
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