I suspect this resource upgrade has most likely surprised management and the board to be frank
When they would have got their hands on the numbers from the Hydrogeologist last week, they would be having a re-look at the production metrics and project design IMO
They now have a significantly larger resource than they previously did, the geological certainty has increased with the majority now being in the measured JORC category, all whilst maintaining Hombre Muerto's characteristics of High Grade, with Low Impurities
I wouldn't be surprised one bit to see the production profile of HMW "Significantly" exceeding the 2020 PEA Production Profile of 20Ktpa
Ann: 2.5x Increase in HMW Resource - Now 5.8Mt LCE @ 866 mg/l Li, page-81
-
- There are more pages in this discussion • 173 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $60.80M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.5¢ | 11.0¢ | $518.0K | 4.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 1573785 | 9 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| GLN (ASX) Chart |