“lithium brine project announces DFS for Stage 1 of 5,400 tpa, production to commence in 2026”
Sounds familiar?
This was announced by Standard Lithium of Arkansas yesterday (SLI.V)
A quick comparison of Stage 1 highlights
GLN SLI
Tonnes pa. 5,370. 5,400
Project life yrs. 40. 25
post tax NPV 8%. 460m. 550m
Product LiCl. Li2CO3
IRR. 36%. 24%
LCE price assump $28k. $30k
Opex. $3,963. $6,810
Capex. $365m. $104m
M&I res. 6.4 mt. 2.8 mt
Grade. 856 ppm. 148 ppm
Both companies have a “stage 2” of roughly the same dynamics. SLI is obviously DLE, not ponds, which adds a layer of complexity.
SLI offtake is under an MoU which may result in SLI being diluted out of 30-49% of the project
GLN market cap A$254m
SLI market cap C$775m
(equivalent to A$890m)
I did this comparison quickly, so there may be tweaks (any comments welcome),
but you get the drift….
- Forums
- ASX - By Stock
- GLN
- General Discussion Banter GLN
General Discussion Banter GLN, page-12971
-
-
- There are more pages in this discussion • 2,471 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GLN (ASX) to my watchlist
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.57M |
Open | High | Low | Value | Volume |
16.5¢ | 17.3¢ | 16.0¢ | $423.1K | 2.536M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 478338 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 71038 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 478338 | 0.165 |
18 | 699264 | 0.160 |
8 | 843265 | 0.155 |
16 | 661455 | 0.150 |
2 | 360000 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 71038 | 4 |
0.175 | 81400 | 2 |
0.180 | 179433 | 7 |
0.185 | 155000 | 3 |
0.190 | 72077 | 3 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
GLN (ASX) Chart |