Lithium prices are still climbing, amazing!
Even at $15k USD a tonne GLN looked cheap.
Now Lithium is at $30k USD and Simon Moore predicting $40k USD by end of 2022 but I think it will reach that figure sooner the way we are going.
IF we got to 40kt a year with a production cost of $3500 USD a tonne the figures are crazy.
We own a company with the potential to make an annual profit of between $1b -$1.4b USD a year that has a market cap of $350mUSD!
As I have stated previously we are seriously undervalued especially when you look at other Lithium companies assets are nowhere at high grade as ours.
Just my opinion1
DYOR.
General Discussion Banter GLN, page-7363
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