GLM 0.00% 0.3¢ gulf mines limited

from todays ann....., page-2

  1. 2,112 Posts.
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    Welcome Botch911..

    its good to see a few more investors getting interested in glm finally.

    from yesterdays announcement i believe the following paragraph was the most promising:

    "Negotiations with domestic users of iron oxide are in progress, with a view to generating cash flow from a mining operation while the full extent of the project is
    assessed."

    I believe it was Stucazzo earlier this month alerted to the fact that latrobe valley could be in the market for some iron ore,transport costs could be kept to a minimum as it is approximately only 180kms away.


 
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Currently unlisted public company.

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