GMC 0.00% 0.6¢ gulf manganese corporation limited

DSO, page-56

  1. 948 Posts.
    lightbulb Created with Sketch. 122
    Waiting for news!

    Don't want to pour any cold water on the DSO approval, but KPR waited for 18 months for DSO approval and it never came - cause of KPR going broke. DSO approval isn't just approval from Jakarta, but a lot of local approvals.

    It is illegal to transport Mn ore in West Timor - the police confiscate it.

    So you have to get that approval. That takes time.

    Now things might have changed since then but I doubt it - for GMC holders I hope you don't go through process KPR did. It was excruciating.
 
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.