Here's a Summary So Far:
* 18 months involvement in Brazil by CGM
* LOI with ?? entity to earn-in 85% equity
* Geologist on ground for 6 months plus
* Brazil is CGM's country strength.
* Last ASX Ann: 2nd Oct 2017: "Lithium Lab Results". 3 months past.
So to 2018...
1. Due for ASX ANN Update. This month?
2. Massive potential upside...but for whom? And when? And will Madagascar Graphite problems be avoided?
3. CGM needs another CR this Qrt. What impact will "Graphite Stench" have? When? How much dilution?
4. Equity Ownership: Shareholders have approved (2nd time). When will it be actioned? Why the delay? Without Equity & Assets what does CGM really have?
5. Investor Presentation/Stockbroker Reports/Publicity: did you know that CGM Management/Board has not released even one Investor Presentation? Or Stockbroker Report? Or any extra publicity?
Summary: IMO Lithium could be CGM's shareholder's saviour! But only if in addition to further geology work and very positive results in timely manner during 1H2018, the above issues are addressed!
CGM Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
