See below snippet from Sprott report released today…I wonder if this is just Sprott’s assumptions or if it actually came from Galan during Sprott’s research? I don’t think Galan have yet communicated the staged strategy to shareholders yet, ie if/when a Li carbonate plant will be built?
Also note that Sprott’s valuation and $3 price target is based on long term production from HMW of only 20ktpa (and a fairly conservative price of $20k/t) so still huge update to their valuation from higher production in the future!
General Discussion Banter GLN, page-11811
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