Here is a another number to mull over..... 400,000tpa of Lithium concentrate from first year production offtake.
At 13.8% that's 55,200tpa. Not bad for no upfront mine cost or running costs.
The throughput of this mine will be 2 million tpa!
Lets put that into comparison....
GXY's first year offtake is 60,000t in 2016 and upramp to 120,000t in 2017.
Currently that was 50% split between GXY and GMM, but now they have merged.
FYI - I like galaxy as well and own shares in them based on SDV potential.
NMT Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held
