I also attended the meeting. Everything thing khRma is spot on. Few other tit bits:
- Smelters are nearly ready for to move from South Africa to production site by end of the year
- They are currently doing a survey of the site and will begin clearing and preparation in the next couple of weeks
- Pak want's 50% but cannot and will not get it without share holder approval. He is keen!
- Indonesia President will be in Perth in Mid November and senior Gulf management have been invited to attend the WA meeting
- 1st Smelters to be in production towards the end of the first half of 2017.
Overall GMC is progressing now at speed towards it's goals, and confidence is building rapidly away from a spec stock towards a profitible business model in the near future.
GMC Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held