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0.6¢ gulf manganese corporation limited

Ann: Placements to Raise A$3.6 Million, page-48

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43 Posts.

14

18/05/19

01:17

Post #: 38624589
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Originally posted by PJMac: ↑

Hahahahaha you are kidding me arn't you. You write posts on magnesium instead of manganese then your write this. Please do the stock a favour and leave! For your igorant, uneducated sake I will school you then stop posting on things you have no idea about!

Manganese is currently $5.16 US per DMTU therefore at the standard manganese ore index 37% it has a value of:

5.16 x 37 = $193.5/T

that gives 103,162T x 193.5 = US $19,961,847 or just over 1.5 million/ month in revenue. That is minimum for future GMC ore as it is higher grade.

Do not be fooled GMC investors by this ameturish incorrect BS being posted by people like this guy.

Do the well researched investors like me and others a favour and please think before you write rubbish and dont post on things you clearly do not understand.

Patience will be rewarded.

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I think gmc got Mn grade(>48%), based on your calculation DSO alone will give almost 40 m AUD revenue not including the 2 smelters. God Damn, this is a serious asset and cashflow m8.

DYOR

GMC Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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