Australia's largest stock trading and investment forum Australia's #1 stock forum

GMC

Click for more information

0.00%

0.6¢ gulf manganese corporation limited

we just want the official AGM results :)

First 81 Last

Share
Profile

Follow
Aghiorlym

699 Posts.

61

28/02/19

14:18

Post #: 37604212
Share

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.

Expand

we just want the official AGM results

GMC Price at posting: 0.9¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

US election outcomes: Key economic and market takeaways

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

There are more pages in this discussion • 92 more messages in this thread...

First 81 Last

Add GMC (ASX) to my watchlist