GL1 is in a very fortunate position of not being caught in the...

GL1 is in a very fortunate position of not being caught in the middle of mine construction, and so there is no chance of getting into financial difficulties. They have plenty of cash so can afford to wait for the Li price to go back up. Nearly all mines are operating near or below their cost of production, including PLS and MIN (Mt Marion at least), which is a situation that cannot last, as no one wants to keep making losses, so if the price of Li does not recover soon the next step is to stop production and reduce supply. GL1 does not have to worry about this, they can just sit it out till the situation improves, which it will. With the DFS completed, GL1 can be patient in making deals with the battery producers who will want to lock in their longer term supply for when the predicted deficit comes. So no need to worry, just be patient.