♦ GMM has an exclusive option to acquire the Mt Cattlin mine- Due diligence is expected to be completed early/mid April
♦ Michael Fotios knows the Mt Cattlin project as he was a former director of GXY- he has also provided personal funding for GMM until they "found a suitable project"
♦ Tantalum price has gone up 5 times
♦ Smart phone sales boom forecast for emerging economies up to 2018
♦ Michael Fotios was behind the Paulsens Gold Mine acquisition for NST which cost $27M including royalties-company making acquisition as NST now boasts a MC of over $1.4B
♦ High risk/reward play. If they do not proceed with the Mt Cattlin acquisition imo the SP will be back at yearly lows
♦ Well worth listening to ABC's interview with Michael Fotios about the proposed acquisition
Tantalum is the most important element you've never heard of
"Tantalum's primary 21st Century use comes in the creation of capacitors. Tantalum capacitors have an extremely high capacitance packed in a small volume — perfect for shrinking our electronic devices, or making additional room in them for larger processors or speakers. Tantalum is found in
cell phones, dvd players, laptops, hard drives, and the
PS3 — essentially almost any piece of home or industrial electronic equipment.
Tantalum is also used to create
surface acoustic wave filters, devices used in cell phones and televisions to improve audio quality. The average cell phone has about
40 milligrams of tantalum inside — not a considerable amount, but one that adds up quickly thanks to the millions and millions of cell phones in use.
Tantalum capacitors experience an extremely low failure rate, making them perfect for use in medical equipment, including hearing aids and devices that you don't want to randomly fail, like pacemakers. Tantalum is not harmed by bodily fluids, and does not
irritate the flesh of the implantee, making it a perfect metal from which to create hip,
knee, and other orthopedic implants."
http://io9.com/5906833/tantalum-is-the-most-important-element-youve-never-heard-of
Smartphone sales lifted by emerging markets
By Rob Lever | AFP – Thu, Oct 30, 2014
"Global smartphone sales grew at a healthy pace in the third quarter, boosted by low-cost handsets in emerging markets, industry research showed Thursday. The research firm IDC said global smartphone shipments jumped 25.2 percent from a year earlier to 327.6 million in the quarter, and were up 8.7 percent over the second quarter. "Despite rumors of a slowing market, smartphone shipments continue to see record-setting volumes," said IDC's Ryan Reith. "We've finally reached a point where most developed markets are experiencing single-digit growth, while emerging markets are still growing at more than 30 percent collectively."
https://au.finance.yahoo.com/news/smartphone-sales-lifted-emerging-markets-045120298.html
Worldwide Smartphone Forecast by Region, Shipments, Market Share, Growth and 5-Year CAGR (units in millions)
|
Column 1 |
Column 2 |
Column 3 |
Column 4 |
Column 5 |
Column 6 |
Column 7 |
Column 8 |
| 1 |
Region
|
2014* Shipment Volumes |
2014* Market Share |
2014* YoY Growth |
2018* Shipment Volumes |
2018* Market Share |
2018* YoY Growth |
5 year CAGR |
| 2 |
Emerging Markets
|
920.8 |
73.5% |
32.4% |
1,462.8 |
79.5% |
8.3% |
16.0% |
| 3 |
Mature Markets
|
331.5 |
26.5% |
4.9% |
376.3 |
20.5% |
2.7% |
3.6% |
| 4 |
Total
|
1,252.3 |
100.0% |
23.8% |
1,839.1 |
100.0% |
7.1% |
12.7% |
Source: IDC Worldwide Quarterly Mobile Phone Tracker, August 28, 2014.
* forecast data
Table Note: Mature Markets include U.S., Western Europe, Japan, and Canada. Emerging Markets includes Asia/Pacific (excluding Japan), Latin America, Central and Eastern Europe, Middle East, and Africa.
http://www.idc.com/getdoc.jsp?containerId=prUS25058714
Other interesting articles:
Mt Cattlin mine in Western Australia could reopen within months as General Mining Corporation breathes new life into mothballed project
http://www.abc.net.au/news/2015-02-...led-mt-cattlin-mine-near-ravensthorpe/6085772
Global Electronics Outlook
http://www.ttiinc.com/docs/IO/36889/20150308.pdf
Where Apple Gets the Tantallum for Your iPhone
http://www.newsweek.com/2015/02/13/where-apple-gets-tantalum-your-iphone-304351.html
