GL1 4.00% 24.0¢ global lithium resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

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  1. 7 Posts.
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    big callouts;
    - results should come back in Q1 2022 for the remaining drill results at MB from LY
    - Off that they will look to provide a resource updated
    - will kick off 60,000m drill campaign Q1 2022 at MB
    - Gold prospect seemed strong - may be further focus in the future
    - Gl1 looking to also focus on the newly acquired manna project in 2022
    - Mr Wright is still managing director until 1st of March - whereby they are looking for a replacement in the meantime

    So pretty much early 2022 should have a lot of news; both from a resource but also from a corporate structure with new MD

    Positive with financials even though we’re in exploration stage (so we would never expect to be profitable) is we’re holding admin / corporate costs at ~15% of total cost with exploration taking up the lions share of cash paid out

    Happy for people to add what I missed; did this fast and loose
    Last edited by Curtis24: 25/01/22
 
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