GLN 3.57% 13.5¢ galan lithium limited

Ann: Catalina Consolidation Provides Potential Resource Increase, page-30

  1. 30 Posts.
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    Consider this scenario...if we were to opt for the Carbonate route – a path laden with its own merits and intricacies, it's important to recognize that the decision wouldn't necessitate performing the chemical processing at HMW/Candelas.

    The beauty of this strategy lies in its flexibility of our high grade LiCl. We have the option to perform our carbonate conversion process in an environment where water resources aren't so much of an issue. Alternatively, we could strategically position the plant in a location characterized by fewer restrictions and proximity to ports for easy export.
    SQM have done it, and are doing it. They truck their brine several hundred kilometres to another site much closer to the coast and hence closer to ports, to perform the conversion.

    This presents an interesting confluence of factors which hopefully the board are considering..and with DJ and others being ex-SQM I am sure it's crossed their mind.

 
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