GMC
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0.00% 0.6¢ gulf manganese corporation limited

What is again being conveniently overlooked is the fact that...

  1. Bananabender56
    45 Posts.
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    22/08/18
    14:37
    Post #: 35096852
    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.
    GMC Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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