This truly is a no brainer, a licence to print money.
First 3 years of production: $120 million of NET Cashflow in the door for both GMM and GXY at 50% interests each = $60 million each.
GMM market cap currently ~$57 million.
3 year payback period. 33% return on investment p.a. The dividend potential beyond this 3 year mark makes my mouth water. Everything else is upside and that means the additional 14 years of the mine life + exploration resource upgrade potential, Lithium price boom and let's not forget James Bay. This type of return is a dream come true at these prices, there's only one word that describes GMM - undervalued.
Its Not Rocket Science, it's a No Brainer, page-2
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