GMC 0.00% 0.6¢ gulf manganese corporation limited

Great to see some positive posts outlining why I became a GMC...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 146 Posts.
    Great to see some positive posts outlining why I became a GMC share holder. The FA is extremely strong, just one catch. Needs to be funded to happen and the only question what % do we need to give away for it to happen, It will happen.
    IMHO the profit will double than the US$500t above and the cost will still be around US$800t. Even if you thing the material cost has increased only 44% of this cost is the feed stock, 40% power, 14% operating cost(labor, maintenance & Admin) and 2% other consumables.
    The feed stock cost is only $350 of the $800. So if you want to be cautious and add %63 to feed stock only would give production cost of US$1020t
    IMHO we will still be operating at $800t
 
watchlist Created with Sketch. Add GMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.