GLN 0.00% 15.5¢ galan lithium limited

Canaccord research report target $2.60/share, page-76

  1. 34,336 Posts.
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    As Joe Lowery Podcast pointed, by an Argentina industry guy, DLE does require MORE fresh water, at 55ktpa scale, you would have a big challenge, imo. Also, their proposed DLE will inject brine water back to the ground after process, that would dilute unprocessed brine grade, then impact recovery and production rate, imo.

    I don't understand why Mr Market prefer a new technology, like VUL, all these companies are promoting themselves hard like a trading company, it's not selling goods, you're mining companies. In the mining industry, Grade is the king, high grade and low impurities, are always the best, imo.
 
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