GMM 0.00% 65.5¢ general mining corporation limited

Hi tapash - latest figures I recall are around $44/t including...

  1. 1,589 Posts.
    lightbulb Created with Sketch. 1267
    Hi tapash - latest figures I recall are around $44/t including mining, processing,admin and transport. I may need to check that Anthony Tse video again. There have been some strange and inaccurate articles appearing in print which quote all sorts of stuff. Best to go through the announcements and read the documents if you want a good idea of the fundamentals.

    The impact of any dollar rise (and last time I checked it had been climbing down again) will/should be more than offset against higher lithium prices for subsequent shipments. Many of our production expenses would be in AUD too. We're in the driver's seat and would have every reason to pass on our "currency costs" up the chain. New valuations on the company are now predicting the next shipment $750/t . It is something to keep an eye on but for the moment this aud/usd value has been priced in by the market and a few percent either way won't materially change the fortunes of this co. Imho.
 
watchlist Created with Sketch. Add GMM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.