No funds for completing smelter. Capital raise spent on working capital not construction. DSO will get gobbled up to pay wages alone and overheads. $350k plus benefits alone to HB. Why would anyone get into this stock when its probably two years away with the lousy 2 smelters off the ground running. GMC need a big cash injection quick to spend on CONSTRUCTION ONLY to get those bloody 2 shitty smelters running...
Ann: Gulf on Track for First DSO Sales, page-52
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