Do you mean GLM? Maybe if GMC did what was originally intended...

Do you mean GLM?  Maybe if GMC did what was originally intended then maybe GMC would stand half a chance of being profitable. Originally Gulf planned to build its own coal fired power station, obviously the original Directors had a few brains. GMC then planned to produce its own coal from its own mines to operate the coal fired power station.
Expensive, but thats what Indian Mn alloy producers do.

https://www.asx.com.au/asxpdf/20141007/pdf/42sq990t60r2d3.pdf

Now the current GMC management have decided to go down a path that will certainly be the undoing of the business and that is using PLN diesel powered generators.
The only mention of power costs now by GMC management is the word MODERATE POWER COSTS. Whatever that is supposed to mean.

WOW.... I didn't realise that GMC has had a 50:1 share consolidation already in 2014 ............ that went down well didn't  it !!!!

https://www.asx.com.au/asxpdf/20140910/pdf/42s47wthj7dxp2.pdf

What a disaster GMC  has been from 21 million shares in 2014 post consolidation of 50:1 to now in 2018 with 2.65 BILLION shares and 1.6 billion options.
Sounds like a great success story, definitely not for the faint-hearted.

Must be due for another 50:1 consolidation soon.
Now I know why tt2000 thinks that GMC stinks.