Timely update - all going as planned - and targeting an increase in production from 800tpa to 1.6m tpa in 2017.
GMM - "the Worlds largest independent producer of spodumene concentrate not controlled by a downstream lithium converter or trader".
"Spodumene forecast to continue to be in physical deficit in 2016 and 2017/2018 with GMM strongly placed to take advantage of this anticipated shortage in the short to medium term"
All good - expect to see 60c and above soon.
GMM Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held