GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Kupang Smelting Hub Facility Project Update, page-8

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  1. 404 Posts.
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    Good solid announcement to keep the market informed.
    Wish they were more often even if it's to announce delays as it stops the wild speculation.
    We all understand and expect business in Indonesia to hit speed bumps along the way.
    To start with new smelters would have meant an additional capital raising (dilution), or giving away more of the company.
    As I stated in an earlier post this year, Hamish said at investor presentation that future smelters will be new.
 
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