mt cattlin australia's first lithium mine in 2016

mt cattlin will be australia's first lithium mine in production in first quarter 2016. gmm will run the mining operation and supply the worlds largest chemical trading house mitsubishi with spodumene for the life of the mine. very little new lithium production will hit the markets in 2016 giving gmm/gxy a huge first mover advantage. gmm is so undervalued when you consider that between 2017-2019 mt cattlin will provide approximately 120 million dollars of free cash to gmm and gxy. these numbers are from gxy presentation 3 nov 2015. the lithium supply and demand forecast is stating that lithium production cant match demand. the deficit in lithium production is only going to get more severe in the next few years as more electric battery giga factories come on line. electric vehicle production momentum has only just begun and gmm/gxy are in the box seat to benefit greatly. fossil fuels are on the nose and are on the way out. this is fact and can not be disputed , climate change is upon us whether you like it or not and every government in the world wants to wean off saudi arabia oil. chinese can not breath in bejing or shanghi and EV's will be mandatory there in time. lithium is the only raw material in the world that can help with climate change and any company with exposure to it will be rewarded handsomely over the next year or so.

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