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0.6¢ gulf manganese corporation limited

Again with the lowest planned production , the net operating...

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Aghiorlym

699 Posts.

61

01/03/19

13:50

Post #: 37621074
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Originally posted by Aghiorlym: ↑

if this time line is correct ( which we can confirm on the general meeting ) , then cash will hit the pockets starting from Q3

and even with the lowest planned production , the net operating margin is nearly higher than the market cap it self !

current market cap

This is going to explode even with the whole lot of the options

and one other thing from 4th of FEB

on the atrical : The Government Encourages the Development of Geothermal Electricityit was very clear that mining going ahead as per the The Ministry of Energy and Mineral Resources (ESDM) him self check the link At present there are 11 mining companies that are still operating in Manggarai Regency, including PT Nusa Energy Raya, PT Indomineral Resources, PT Tamarindo Karya Resources, PT Multindo Cakrawala Sejati, PT Sumber Alam Nusantara, PT Tribina Sempurna, PT Masterlong Mining Resources, PT Sumber Jaya Asia, PT Rakhsa International, PT Menara Armada Pratama, and PT Wijaya Graha Prima.

https://ekbis.sindonews.com/read/1375999/34/pemerintah-dorong-pengembangan-listrik-panas-bumi-di-flores-1549266798

Best wishes to all

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Again with the lowest planned production , the net operating margin is nearly higher than the market cap it self !

GMC Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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0 Great analysis

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