GL1 1.96% 26.0¢ global lithium resources limited

GL1 Megathread, page-2024

  1. 1,342 Posts.
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    The market is expecting 50mt or over in the MRE, expected by June end.

    If this is the case, there will undoubtedly be a GAP UP, even better if there is a quality upgrade to go with it.

    With the already increased recovery rates as mentioned in Ron's presso above, GL1 becomes a very attractive and significantly de-risked project.

    One would expect that the SP would climb rather quickly to around 80c/$1.00. ($200m/$260m MC).
    The MC would still be lower v's other Li Australian counterparts for the resource that it will have.

    IMO,
 
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