Lithium stocks that will make it?, page-544

  1. 6,476 Posts.
    lightbulb Created with Sketch. 3349
    What happened to LPI didn't they abandon ship in Chile.

    Bolivia has some of the highest grades in the world, but a project would never get up. Atacama is the best salar for grades etc in the world, no argument.....however its very hard to do business there.

    I never said GLN was funded to 2020. I said (based on anns to the asx) that the company was fully funded for the first 5 holes. Clearly they were going to raise at some point for the 5-10 plus plus holes and that is what they have done. What a tremendous raise it was $4m!!

    Now GLN will have about $5m in the bank in the next week, plus $7m in options to come in November and December and a few more next year, plus a $5m funding arrangement with acuity.

    GLN is fully funded now for 2019, UNLESS something special happens, and I think something SPECIAL may happen Micky...….something very SPECIAL!

    Anyway good luck with BMG Micky, but I think we know who will be needing more funds soon.

    By the way I want all lithium companies to succeed for the industry, but the geophysics you guys announced does not show much depth to the potential brine (or is it salty water)? Something a bit "fishy" about BMG, but I hope I am wrong!

    It's not a fair fight Micky, but good luck mate!
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.