GNM 0.00% 1.2¢ great northern minerals limited

Ann: Morabasi Field Work Commences-GPP.AX, page-19

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  1. 6,048 Posts.
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    I said.
    I didn't want to say $2 for now.

    $2 gives $1.5b market cap. That would be normal for this kind of district scale lithium resources. Lithium is becoming "White oil".

    As an example. Syrah resources has reached to that $1.5b mc and it didn't have the whole of Balama district in Mozambique. There was other explorers there (TON, MUS and Metals of Africa). Syrah has only found the biggest deposit there.

    In Morabisi project, GPP has the whole area of 3840 km2 which covers the whole of Morabisi Batholith (the structure which the whole magma down the earth carried the lithium and tantalum to the surface through the fault lines. See the above map given by GPP on their first anns).
 
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