It is going to be an interesting few weeks as this company has...

It is going to be an interesting few weeks as this company has taken along time to sign a formal agreement. The fact that they revised an agreement increased the uncertainty.

NMt signed an off take/corporate transaction with a Chinese company this week. There is a large discrepancy between gmm and nmt market caps as highlighted in the company presentation. NMt are yet to build a processing plant.

Key Dates from the corporate presentation.

•   GMM EGM early August 2015
  
   Formal Agreement intended to be signed prior to GMM EGM
  
  
•   Restart at Mt Cattlin no later than 31 March 2016 – GMM/GXY to have only operating lithium mine on ASX