GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Gulf Signs Power Purchase Agreement, page-19

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  1. 741 Posts.
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    rocket does seem to be somewhat of an authority in this area so I wouldn't be too quick to discount or disregard his position. It is interesting to note that the announcement didn't divulge power costs . This has been viewed from two perspectives. The first one being the reluctance of the company to divulge the hourly rate as it could be higher than market expectations so a decision was made not to upset the market and keep costings quiet. The second reason as cited could be market competition where it may not be economically prudent to divulge costing details to your competitor. Both sides do have merit so is it a common market expectation for companies to provide sensitive power costs especially in light of gulfs current position as it is working through the construction phase
 
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