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0.6¢ gulf manganese corporation limited

GMC moving forward, page-80

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Aghiorlym

699 Posts.

61

28/02/19

14:15

Post #: 37604145
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Originally posted by Rocket jnr: ↑

Went to the AGM this morning, all resolutions were carried. Interesting part of the meeting was in relation of when the dso is expected. Direct quote from Hamish was "worst case scenario is 1 month, most likely 2 weeks". He said that they just testing the assay results at the moment of the ore due to the last testing of the results being more than 6 months ago, and needed to be updated( ore purity isn't changing), once that is completed the chair will have up to 10 days to approve the dso license. Once approved they are initially targeting 1000 tonnes a month and ramping up to 10,000 tonnes a month, giving a monthly revenue of between 1.2-1.5 million.

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Now we are talking ! that's great .
few month and 1c will be history .

GMC Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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0 Great analysis

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