GMM general mining corporation limited
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Galaxy Resources: “first in, best dressed” in the Lithium Space, page-3

  1. PD1
    2,440 Posts.
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    01/02/16
    06:51
    Post #: 16909652
    Hi @rae1915

    image.png

    "Spodumene prices now 50% higher and the Australian dollar is 30% lower, resulting in viable and strong economics supportng the restart of production at Mt Cattlin"

    http://www.asx.com.au/asxpdf/20160127/pdf/434ldc1nw9vqrb.pdf

    Cannacord note a potential/likely increase to 200kt per annum output coupled with Higher Spodumene prices promoting stronger economics again.

    It's all running like clockwork at the moment.

    PD
    GMM Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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