GMM 0.00% 65.5¢ general mining corporation limited

Gmm is going great guns, the global broking firm Canaccord...

  1. 54 Posts.
    Gmm is going great guns, the global broking firm Canaccord Genuity. As Hartleys have done previously Cannacord are also now attributing material value ($100m) to GMM 50% share in the James Bay Lithium project. They have also increased their production assumptions from Mt Cattlin giving a new price target of 95c. Also interesting to note this increase target does not assume an increase in next year’s spodumeme price, i.e. if spod prices move up to $800/t (highly likely in my view) from $600/t current share price target moves to $1.31.
    Hey with is the next fortnight or so this might change again (going up)
 
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