Ann: Investor Presentation - Mines & Money London, page-30

Yeah, tough one.
The overall spec end of the market (across all sectors) has been clobbered anyway; that's not helping.
But, Lithium has some sector specific concerns (oversupply and collapsing prices of Lithium Equivalents).
And Argentina now has sovereign risk thrown in.

Never thought it would look this bad.

Nothing wrong with this company or the resource, the problems are all external.

So, two ways to look at it...
Great buying opportunities coming-up
This will shrink further, and if you think Lithium will recover as demand increases (more electric cars and more grid batteries) then GLN is a great buy. But it will be a two to three year minimum hold.

Other less risky opportunities...
Over 2,000 companies on the ASX - why focus on Lithium?

Wonder what the likes of RIo Tinto, Gina Rinehart, and Wesfarmers will do?

Would trust their judgement better than Goldman Sachs.
Not because GS lack expertise but they do like to play with markets.

Just my observations.