Reply from Louis Morin Just thought I would share this with everyone. It looks like its just a matter of time and we will all be happy! I sent an email to Orbite IR asking what the status was on the Rusal partnership and if any other news on any JV's. This is the reply I received from Louis Morin:
Rusal agreement in a daily undergoing process we are currently dealing with.
Meanwhile it is a large and complex deal and as of now we still don't know when it will be finalized.
You are probably aware that Rusal approached the Quebec government for a proposal to build their own aluminum smelter in Sept-Iles, right across the Saint Lawrence river in front where Orbite deposit is located.
Many other potential partners are talking to Orbite; as those discussions are performed under strictly confidential basis, we will release details when appropriate.
The best advice I can provide is stay tuned.
Best regards,
Louis Morin
Director Investors Relations
GLTA
Marc