Yes, GMC is close to the power station where diesel generators will be used to generate power.
Have you checked the price of a barrel of oil lately? A 20% increase in a barrel of oil has already taken place recently. Checked the price at the Aussie fuel station lately? http://www.infomine.com/investment/metal-prices/crude-oil/5-year/
If the Indonesian Gov't continues to subsidize power at current prices it won't take long before they're bankrupt. Won't be long before Indonesia will need another handout from Australian Gov't courtesy of the Australian taxpayers.
GMC Price at posting:
1.1¢ Sentiment: Sell Disclosure: Not Held
