GL1 1.96% 26.0¢ global lithium resources limited

Ann: Positive Lithium Assay Results, page-89

  1. 2,925 Posts.
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    My view is that the mcap, approx 180mil, is still too low. RDT sitting circa 170mil mcap with no jorc..junior explorers sitting 40- 70mil waiting to drill. MRR is my pick of the bunch.

    CXO sitting at approx 600mil with comparable resource at this time, although CXO further into development, with no supply issues for years to come there is no thought pattern to suggest GL1 won't eventually mine Archer for the 10mt plus, let alone the Manna acquisition. I have continued to purchase GL1 from 60c. I have confidence that GL1 will match CXO at 600mil mcap in a very short space of time, however I do expect CXO to push towards 1 billion.

 
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