Look at all the ex-SQM expertise on GLN’s board and management…. They have one of the best quality Li brine resources there is…. Yet they have struggled to move forward with project support and financing, and have resorted to targeting an intermediate product (basically concentrated brine from ponds) to avoid the capex and risk of a carbonate plant….
Their MC is similar to ours. Their sp has fallen from the dizzying heights of over $2 to almost 10c.
Some here keep saying we just need more “real experts” to “get the job done”…..
If only it were that simple. If only.
If a bunch of other junior Li brine peers were killing it and leaving us for dead wrt project funding and development, then I’d be a lot more concerned….. but they are certainly NOT afaict!
(disclosure: I hold GLN and have for many years, but this is certainly not some x-promotion, simply a relevant compare & contrast to illustrate that even with a cracker resource and “experts”, this game is far - far - from easy).
Imo
Dyor
AGY Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
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