GLN 3.45% 14.0¢ galan lithium limited

Ann: Trading Halt, page-92

  1. 1,171 Posts.
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    • DFS by Q1, 2023. Delays for all of the right reasons
    • HMW was an idea 5 years ago out of a hunch (yeah right)
    • JP was an analyst with Canacord at the time
    • Concentrate due sometime this summer depending on the weather
    • Camp at HWM (45 beds) and camp at Candella (17 beds)
    • GLN wants to be the next producer. Why the rush?
    • Lithium is hear to stay.
    • 100 million EV's produced every year. Each car will require 60 Kg of LCE
    • This equates to 6 million tonnes of LCE
    • The production figure for 2022 is 655,000 tonnes of LCE.
    • Need 10 x this figure
    • Assume we will replace 25% of that, where will we get 1.5 million tonnes.
    Last edited by DullesTower: 20/10/22
 
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