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Not looking good for GMC, page-394

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HarleyRider

158 Posts.

2

15/02/20

10:45

Post #: 42949265
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Originally posted by tt2000: ↑

Yepp- I also think a termination of agreement is imminent

With Pak Marthen and other CIs, the trend is sign binding agreement, followed by numerous delays to funding, and then termination of the agreement.

I wonder if the current funder is wondering how GMC used all that $10.8M they received in August 2018 with construction progress then at 60%, to still be sitting at construction progress now at 60%, despite depleting those funds ....

I can't believe some on here see the suspension and delays as positive.

I suppose at least construction progress hasnt being going backward!!

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01/12/2016 was the original commissioning date for the smelter

GMC Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
3 Upvote

1 Great analysis

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