Ann: RIU Sydney Resources Round-up Conference Presentation, page-49

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ANTON707

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07/05/22

20:46

Post #: 61269143
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Originally posted by triage: ↑

Current global lithium production is about 0.5mtpa, current estimated lithium production in 2030 is about 5.0mtpa. You are talking thimbles when we need to be talking buckets.

Who is talking $100k for an ev? You can if you want but you already also have a range of lower priced options, and typically, Australia is already behind what is happening in the US and Europe. Don't take my word for it, just google it up.

Global Lithium has standing in its corner the largest lithium company in the world. I think you will find it has access to as much funding as it needs to get the job done.

As an aside, I've just listened to Breaker's presentation in Sydney earlier this week and I thought Uncle Tom's showing was a marked improvement on the one he did earlier this year. I still didn't get too much urgency in action for getting into production and I still don't think he addressed that the chances of building a new mill in this current post-Bardoc environment is hugely diminished to the chances a couple of years ago. But I do think he was far better focused this time. Also interesting that he said that the company is free carrying the Lake Roe project based on its interests in the Manna project.

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so if I give you 100k to invest at current prices you would pick GL1 over BRB? To me it’s crazy!

BRB Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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Ann: RIU Sydney Resources Round-up Conference Presentation, page-49

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

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