GLN 3.85% 13.5¢ galan lithium limited

Ann: 2.5x Increase in HMW Resource - Now 5.8Mt LCE @ 866 mg/l Li, page-81

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  1. 4,089 Posts.
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    I suspect this resource upgrade has most likely surprised management and the board to be frank

    When they would have got their hands on the numbers from the Hydrogeologist last week, they would be having a re-look at the production metrics and project design IMO

    They now have a significantly larger resource than they previously did, the geological certainty has increased with the majority now being in the measured JORC category, all whilst maintaining Hombre Muerto's characteristics of High Grade, with Low Impurities

    I wouldn't be surprised one bit to see the production profile of HMW "Significantly" exceeding the 2020 PEA Production Profile of 20Ktpa
 
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