GMM general mining corporation limited
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Funny sell side slowly vanishing, I reckon news not far off to...

  1. blueballs
    19,753 Posts.
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    15/09/15
    18:14
    Post #: 15997605
    Funny sell side slowly vanishing, I reckon news not far off to get rights issue locked in, am hoping for good offtake agreement and then DFS start of 2016

    Once optimised the project has the potential for the following numbers;

    Revenue   $80mil
    Costs $36mil
    Free Cashflow    $44mil (GMM’s share $22mil)
    Mine Life 12+ years


    If it comes off share price will be many multiples of now, they have top management to get it over the line
    GMM Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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