GMC 0.00% 0.6¢ gulf manganese corporation limited

Not looking good for GMC, page-52

  1. 99 Posts.
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    I think production is now a certainty for this company, profitable or not I cannot predict. The last couple of weeks has set a couple of things in stone:
    -there is not a need for preproduction funding, dso permits are a concern of yesterday,
    -the dilution that comes with the financing brings with it a tactical advantage in having a good slice of Indonesian input/ownership
    - the arrival of smelters, sooner the better will see the share price improve significantly
    - shipment of the first refined product should see a share price in the range of 2.8-3c

    It’s not all grey clouds for this company
 
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Currently unlisted public company.

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