GMC
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0.00% 0.6¢ gulf manganese corporation limited

Ok, so "Purchase, refurbish & relocate two smelters from South...

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  1. Tcb007
    7,426 Posts.
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    03/04/17
    20:49
    Post #: 23826615
    Ok, so "Purchase, refurbish & relocate two smelters from South Africa to Bolok AUD 3.2m"
    They'll need $350k to pay back Tanah Capital $3.2m for the furnaces of which they have paid $250k, so I reckon anything over $5m will be great - all dependant on dilution.
    If they can get $10m then it's a miracle.
    GMC Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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