So GLN market cap is basically worth what it costs to build the...

So GLN market cap is basically worth what it costs to build the stuff at HMW. Lithium usage is not going away as the Solid state battery comes out ( 1000km range 10 minute charge no fire risk ) GLN has one of the lowest costs to produce and importantly the lowest cost to get to lithium metal from the brine they produce. Anything below $20k/ ton puts most hard rock lithium mines underwater ( much more costly to produce the lithium metal needed for solid state battery’s than GLN’s brine)

I did hear somewhere that a price of 30k per ton was needed to keep explorers looking. So no new discoveries, and a price under 10k per ton thus all the hard rock mines are shutting.

I can see a nice upside for GLN as/when the price stabilizes at 20k per ton.

Hold to the end of the year hope that glencore aren’t wallies and they just do the deal. I’m sure many other would love to get their hands on this material but I’m sure all are sharks as well.

Slight rally in the price after china’s lunar New Year glencore has to have made its decision and that price uptick and the changing supply dynamics approaching might make them decided to not raffle away the deal to one of the many other players who could finance it, come on Toyota make an offer