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0.6¢ gulf manganese corporation limited

Ann: DSO Update, page-85

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Markdg

18 Posts.

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10/05/19

21:37

Post #: 38514349
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Originally posted by jas626: ↑

hi mate my numbers were just going of what the feb investor presentation said, btw it said the figures excluded the DSO sales so i imagine the net profit numbers could be much higher. and i belive the figures are based on selling at $1900 usd/t.

i belive we had a bit of selling today as there were quite a few day traders in from yesterday and probally needed to sell (t2) i think monday it might push up thru 1c region. if time frames are meet we should have the final approval by wednesday ( day 5) so not long to stock up.

then after the approval im of the understanding the GMC already has two units purchased from south africa and just need shipping over, construction has began maybe completed?.

all the hard work is down and gmc are almost of the 2 year long hill now, imo its now a good medium term/long term hold to add to when funds become available.

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furnaces are on site.
Construction of smelting facility 62% approx completed. Still need to construct all the support buildings/offices
have a look at the gmc twitter page

GMC Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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