Thanks Nambo. I'd try another fork joke - but its a tine-y bit...

Thanks Nambo.
I'd try another fork joke - but its a tine-y bit crap.
Doesn't exactly help me yet. I look at the ichimoku stuff all the time but this is a whole new ballgame.

Yeah @Thesimmos - I was pleasantly surprised that they were committing to a Q4 DFS for James Bay even though Anthony Tse had previously sort of down-pedalled it as "medium term".

So many options for them both.
I still hope that GMM goes financial partner on SDV - it would be a sweet asset to have a stake in as well
but having James Bay in the back-pocket is nothing but good news.
They got such a good deal there too from GXY - commit to $6m investment and they could have 50% = wtf? Thats pretty amazing.  GXY is a very good friend to GMM - no doubt about it.

Even if they were not to move on it then the DFS would add instant NPV value to GMM and GXY.
Its sort of like it doesn't even exist at the moment - when juniors are falling over themselves to have that kind of resource. Spodumene is just lying on the surface at James Bay.

Approx $200m to build a plant 'zactly the same as Mt Cattlin and away you go - GMM doubles in size.
Or sell it at a premium once its scoped out to fund further aggressive expansion of SDV  (only an option if they were partners in SDV).
We know its even bigger and better grade than Mt Cattlin - its just colder with more bears around.

GMM has finally caught up again to GXY +20c sp. Now it needs to be looking more at GXY x 2 - at least.