Yes, Greenbushes South project is exciting to say at least, early exploration work and historical data are very encouraging. Look at Pilbara region, there're quite large size lithium deposits.
It's a bit odds if Greenbushes region only has One lithium deposit.
ASX lithium companies with over 3 million tons indicated JORC lithium resources are most valued at well above $1 billion dollars. GLN is still hovering around $470m market cap with $60m cash.
It's calm before the storm coming for us?
Canaccord research report target $2.60/share, page-111
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Last
15.5¢ |
Change
0.010(6.90%) |
Mkt cap ! $113.0M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.5¢ | 15.0¢ | $1.200M | 7.715M |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 506022 | 15.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 280041 | 4 |
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| GLN (ASX) Chart |