Well done do JP and the team, this is well worth the wait, and beats most of our expectations.
IMO the market had priced in something in the order of 450kT, so based on these results we are due a solid rerate back into the 30s.
On top of that, there are murmurs that the lithium market has hit bottom. Time will tell. But if a carbonate price rise is on the cards then that will serve us very well!
GLN is now a serious lithium developer with a very solid JORC in arguably the best quality salar on earth.
I’m sure that many industry heavyweights (insto investors, end users and lithium producers) will be running the microscope over GLN over the coming days and weeks.
Also results from the western drilling imminent.
Good times ahead.
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