GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Gulf Receives Operating Licence, page-32

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 12,230 Posts.
    lightbulb Created with Sketch. 1776
    Current spot price MC FeMn is US$1860/tonne, so the margins are minimal. Thats why I suggested EEM production.
    Uneducated Labor maybe cheap in Indonesia but Western metallurgical engineers are not cheap.
    If you use monkeys you'll blow up the plant. It will take a lot of training to get the local rice and chicken farmers to be able to operate a smelter complex.
 
watchlist Created with Sketch. Add GMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.