The Mole, yes the question is, will GMC get DSO export permits?????
Agreements with some artisan miners to supply manganese ore is as worthless as used toilet paper unless GMC gets a DSO export permit. Frankly, I wouldn't hold my breath waiting for Indo Gov't approval.
Hopefully for GMC shareholders the Mn escapade doesn't end up like Braken International Mining.
Thanks for pointing it out.
Its a pity that some GMC shareholders didn't take a look at OMH when suggested some weeks ago, as its up 500% already.
Although I think GMC is worth a punt at .007c if they get their DSO licence shortly. Hopefully before GMC management manage to spend all their funds on paying their own salaries.
I note that S32 has revised 44% Mn upwards for Oct deliveries to China to US$6.80/dmtu.
OMH and S32 will be rolling in cash.
GMC Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
