GMC 0.00% 0.6¢ gulf manganese corporation limited

GMC 5c tomorrow! 10c in the following months, page-240

  1. 148 Posts.
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    Wow, I didn't realize it had gone up that much!!!
    Pak is getting a deal of a life time and that's why he is chomping at the bit to get a bigger slice. This project is bigger than some of the people on here understand.
    According to the study the Project has a NPV US $160m but was done in a soft market and a low ball figure when manganese was in the bottom of its cycle. The cost was at US $793t and sell at US$1100
    At the current rate our profit could be 2-3 times what was in the study. It might be worth ramping up the project quicker than expected. IMHO DYOR
 
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