One of the most intriguing things about this report is that they still have a milestone to commence DSO sales "during construction phase". ( Start early-mid July over 10 weeks)
I think as a few people including myself have reported in the past they expected to get the approval once the smelters are on site. As stated in current Indonesian mining laws - must show significant progress with the building of a smelting hub. (Not the exact wording but have it in a previous post).
Possibly get this approval July/August. They seem to be very sure of receiving the approval.
I wasn't sure if they would proceed with this after 15m funding but great news that they are still going down the route to receiving revenue through DSO sales.
Cheers guys![]()
- Forums
- ASX - By Stock
- GMC
- Ann: Gulf Manganese IMnI June 2018 Annual Conference Presentation
Ann: Gulf Manganese IMnI June 2018 Annual Conference Presentation, page-2
-
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online