Spot on mate.
Ever think that maybe the reason why Paķ Marthen pulled 2 years ago was he foresaw that 2 years later GMC would still be refurbing the already used smelters and he decided to cut his losses, by losing his deposit.
2 years later it seems he made the right decision from his point of view! $10M capex was not sufficient to fund the project - GMC have blown more than that since then, and are they really in any better position than before they spent this money?
Spot on mate. Ever think that maybe the reason why Paķ Marthen...
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