GMM 0.00% 65.5¢ general mining corporation limited

GMM, Target Price, page-29

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    $47.82 per tonne which was based on a lower total tonnage rate per annum so it could be less now at 200,000 TPA planned.

    There is that piece of information plus some more that you may like in the below pdf.

    At the time they didn't expect the lithium price would shoot up like it did. September was when it all started happening. Reason I say this is because you'll notice that the peak price expected in their chart was $500 per tonne.

    Anthony Tse from Galaxy Resources is looking at around $750 usd per tonne next year.-I'll post the video link it is worth watching. (don't forget when you calculate to change it into AUD to be able to compare to the market cap)

    http://www.generalmining.com/pdf/asx_releases/12_10_2015/GMM217 2015-10-12 Mt Cattlin update.pdf

    Last edited by Thesi: 02/05/16
 
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