Ann: Gulf Secures Kupang Smelting Hub Facility Power Supply, page-57

GMC sp is 130% below where they were last year when releasing news about the furnaces etc

GMC is well advanced now to this period last year when trading at 4.3c before TH

ST without DSO news, GMC should trade well into the 3c range

News on export of furnaces and more ground work and we will keep running up into the 4c range. I do not expect more than 4c without the DSO leading into 2018 imo

With DSO & project well managed- well above 6c

DYOR Good Luck