GMC 0.00% 0.6¢ gulf manganese corporation limited

Indonesian power prices set to rise significantly, page-22

  1. 45 Posts.
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    What is again being conveniently overlooked is the fact that right next door to GMC are 2 thermal power stations (as seen in the twitter and other photos) . Both are coal fired and one is relatively new. At this point in time the cost of diesel is irrelevant for GMC. The power cost is fixed for a period irrespective of changes to generating mix and cost.
 
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Currently unlisted public company.

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