GMM general mining corporation limited

Agree Heeman, now only a 50% earn in, still happy with that....

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    Agree Heeman, now only a 50% earn in, still happy with that.

    From past GXY ann.
    Marketing Update
    In conjunction with its partners at Galaxy Resources, General Mining is in
    communication with a number of Lithium and Tantalum concentrate buyers
    and traders about product off-take from Mt Cattlin.
    With a very short lead time to production, the Company is seeking firm
    commitments to buy and consequently expects talks to continue for a
    further number of weeks. Given anecdotally tightening supply conditions
    into Lithium Carbonate refiners in mainland China, GMM anticipates its
    early mover advantage will be of significant value in finalising these​
    arrangements.

    Just need to see the size of these off-takes to fully calculate value to both.
    Timing could not have been better for GMM entry.
 
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Currently unlisted public company.

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