GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Gulf Investor Presentation, page-50

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  1. 135 Posts.
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    GMC doesn't need a big investor to buy out 40% to guarantee the project because once
    the construction of the smelters begin they can apply to export manganese comcentrated
    ore and this will provide immediate cash flow to the company and the big profit that this
    two smelters will generate will be enough to fund the other 6 smelters and so they wont
    need to raise big amounts of of money. Remember the company is tax free in Indonesia
    for the next 10 years
 
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Currently unlisted public company.

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