GL1 2.04% 24.0¢ global lithium resources limited

Ann: Manna DFS and Metallurgical Test Work Update, page-9

  1. 369 Posts.
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    I think we'll get some idea of funding Q1 next year (CY) which will hopefully give everyone some confidence in the move forward. So far, Chris and Gina have decided to leave Manna alone although MinRes already have ~10% from memory so there's always the chance. Inbound enquiry from offtakers is very strong, particularly now that the two mentioned billionaires are locking up supply all over the place. China, Korea, India and US (and Europe to a lesser extent) are going hard and I think we'll see some very good funding terms to lock up offtake. Restocking of spodumene following the Chinese New Year will be bigger than most are expecting IMO and then we'll see some sharp move in spot prices and then equity prices across the board to boot. If I was more liquid I'd be grabbing some more of these and some others waiting for that move.
 
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