I am at a loss as to why GPP is using the funds from the CR for the Lithium project!! A recent report by Morgan Stanley said increased global lithium supply will see prices fall by 45% by 2021.
By the time GPP are ready to produce, the market will be saturated with Lithium and the price would have slumped.
IMO we should be focusing on the OHD project where we KNOW that we have a competitive advantage and test results so far have shown great improvements to crop yields.
The main reason I bought into this company was the OHD project and the positive impact that it would have on jobs in the LaTrobe Valley, the more environmentally friendly use of brown coal (which the Government is spruiking but not supporting companies such as GPP by refusing grants).
Nice to see the company giving the jobs to people in another country.
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