Ann: Notice of Annual General Meeting/Proxy Form-GMC.AX, page-132

Nicely explained there @Abacoolloo, your are very good at reading between the lines and putting the puzzles together, much better than most however one key thing is that GMC needs to pay the $1M USD upfront before these two smelters before they can be shipped.

In the last cash flow report they announced they had 628K in the bank at the end of June 30.
On September 8 they announced further cash raise of $1m AUD.
Their average quarterly spending last time was $1.067m
Deposit from investor approx $250K AUD

These figures above tell me they do not have the money to pay TransAlloys P/L in Africa so they will need to wait for funding from this key investor if he is genuinely going to invest. So until this $9.8m USD arrived the smelters will still be sitting in Africa. The time-line of having the smelters delivered will be later than November and will possibly arrive early to mid January if all goes well. Keep in mind these smelters are used and will need to be dismantled before shipping will add a few more weeks before shipping.

I still cannot see many people commit to voting against the BoD, how hard is it to fill out a simple form, scan it and email it?

@Croesusau has already done 95% of the hard yards for you all, lets show that we are proactive investors not reactive noobs and we WONT be taken for a ride to the gully !

http://hotcopper.com.au/threads/take-charge-of-your-money.2992766/#.WBPYrH7YtkU

Protect your investment and show the BoD YOU have the power, not them !