It's quite amazing that these guys are going hell for leather, started drilling years ago, and are still looking at first production in 2026 if everything goes to plan and there's no slippage!!.
The 7 - 10 years the experts keep quoting from discovery to production certainly rings true.
How the hell will there be enough Lithium to keep up with demand!!.
GL1 is easily a Billion dollar company in the making, and most likely multiples of that in due course.
And the existing producers are going to enjoy very high margins for a very long time - 2030 and beyond by the looks.
Ann: Investor Presentation - RIU Explorers Conference, page-2
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $48.20M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.5¢ | 18.0¢ | $108.0K | 588.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4611 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 38430 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GL1 (ASX) Chart |