First spodumene shipment from Mt Marion to China today is a significant milestone to be celebrated.
Chris Reed and his board had the vision to see where the lithium market was headed, derisked the mine development by bringing onboard experienced operators MIN to fund, build and operate the processing plant, and negotiated a high quality deal with chinese offtake partner Ganfeng to make the project bankable. Oh and they filled the company's bank account with cash along the way, twice paying dividends to reward shareholders, of which there will be more to come now that Mt Marion has started to generate cash.
Today is the culmination of a great deal of work.
Well done to Chris, the Neometals and MIN teams.
NMT Price at posting:
37.5¢ Sentiment: Hold Disclosure: Held
