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Ann: MoU Secured with Chinese Commodity Trader, Tongdow Group-BGS.AX, page-2

  1. Mythavatar
    333 Posts.
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    31/10/16
    09:42
    Post #: 20240993
    The Headlines

    Birimian secures MoU with leading Chinese commodity trader, Tongdow Group

    MoU secured with multibillion dollar commodity company, Tongdow Group

    MoU highlights Tongdow’s intention to trade lithium products to meet growing domestic spot demand

    Tongdow is one of the top two major commodity trading and high tech logistics platforms in China, trading up to US$150 million daily

    Discussions with additional Chinese MoU offtake partners are ongoing

    MoU follows confirmation of Goulamina as a high-grade, bulk tonnage, lithium deposit with a maiden resource of 15.5 Mt @ 1.48% Li2O
    BGS Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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