General Discussion Topics, page-90948

Interesting...Ron Mitchell is very connected.. and involved with Fastmarkets and the LME....


NAL PFS


resource

Resource 102 MT
27 year mine life(with Authier)
SC6
226kt nameplate....possibly reached by mid year.

NPV AU$1 B(pre tax)

GL1 PFS

Resource 32.7mt (has just been upgraded to 50 MT)
Currently 10 year mine life- should be extended
SC5.5
221 nameplate, with HIGHER throughput of 2mill ore.
He also spoke of a 9-12 month ramp up.

Ron is very knowledgable about lithium pricing, and they have used US$2500 for their PFS, over 10 years.
We used half that SC6 price for our PFS.

In the interview, he talks about tight pricing until at least 2030- (5k+)
He is the current chair of the LME, has worked at fastmarkets, and is a former sales director at Tianqi/ Talison.


Global Lithium have a long road ahead of them and if all goes well production in 2026.

YET THEIR NPV IS AU$2.8BILLION!!!

WE have a bigger resource, post the majority, if not all major capex at NAL, production in a few days, fully permitted, higher nameplate capacity and higher SC6 concentration, fully derisked with existing offtakes!

Thats 2.8 x our NPV (NAL only)

We always knew our PFS was underdone and its drawing comparison like this just proves how underdone it is!

I am sure they will be a great business one day and it is all very positive, but as I said, still have a long road ahead of them.

IN COMPARISON......WE ARE THERE PEOPLE!!!

And where is THERE?

PRODUCTION....

We are where GL1 aspires to be in 2026....

Where many aspire to be in the next 4-6 years.

WE ARE THERE,,,,,,

Good luck everyone...