GMC 0.00% 0.6¢ gulf manganese corporation limited

Facts, page-35

  1. 4,695 Posts.
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    Really, you blokes are dreaming, we'll wait and see the financial report say this time next year.
    Unless you get the Mn ore for nothing you won't have a hope of making a profit. Have you seen the way they mine Mn ore in Indonesia, they put it in bags. Yes it might be higher grade, but so what Mn ore can easily be beneficiated, so really having high grade in small quantities means zip.
    I don't think you'll be so excited when GMC doesn't make a profit. I wonder how GMC management will explain the losses.
 
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