So we're going to be a $27m market cap company with near $10m in...

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12/10/16

15:39

Post #: 19806260
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Originally posted by bonsaboy ↑

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.

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So we're going to be a $27m market cap company with near $10m in the bank and two smelters on the way by end of next week? This could explain the volume spike this morning.

Sadly I think we're back at the 2.1 range for the next week. Testing weak hands while someone accumulates.

GMC Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
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So we're going to be a $27m market cap company with near $10m in...

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