Yes, I also thought getting the actual export license is the next milestone. As JP indicated in the webinar, it is technically required for any new offtake (and therefore funding based on new offtake). However, this might take a while, and who knows, maybe environmental concerns will arise. The government and GLN might be on the same page - great and hence the signed agreement, but this could still be an issue later (challenging both the government and GLN and delaying things - who knows). I think environmental issues are also what Paul Graves, CEO of neighboring Arcadium, highlighted in his recent interview where he referenced GLN. https://youtu.be/_lx-8SMii5k?si=eT9YU-qidSkf0rG2&t=3050 So, this just adds to the uncertainty and delays in my view...too many loose ends. I hope GLN will be ok!
GLN Price at posting:
16.5¢ Sentiment: Sell Disclosure: Not Held
(20min delay)