GL1 6.25% 25.5¢ global lithium resources limited

Ann: Global Lithium - Equity Raising Presentation, page-5

  1. 13,622 Posts.
    lightbulb Created with Sketch. 4845
    Still incredibly low.

    As I said a while back - GL1 has got very lucky with its timing. Raising at $2.25 this time!

    PLS had to raise in the doldrums between Lithium 1.0 and Lithium 2.0 and it cost them lots of dilution. PLS has ~3b shares on issue.

    If it continues like this, when GL1 reaches the point PLS are at today ($3b MC producer) they will have way way less shares on issue. Meaning a way, way higher share price.

    If you need the growth now - be in PLS. Bit if you can wait (with the added risk) GL1 is the place to be.

    ...
 
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