GMC 0.00% 0.6¢ gulf manganese corporation limited

Volume Boom, page-187

  1. 2,518 Posts.
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    Good summary! Judging by the current share price 1.5c what I think some people do not fully understand is that once the Direct Shipping Ore permit is approved with offtakes in place the company will generate USD$1 mill per month on 5,000 tpm, do the maths, if this increases to 10,000 or 15,000 tpm over the next few months then serious dollars coming in which means no further cap raisings required and future capex for first 2 smelters growing to 8 smelters over time will be self funded as I understand it. Happy to be corrected. But suggest all newcomers read the last presentation closely.
 
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