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9.8¢ green technology metals limited

LKE still has a higher MC than us too..... lol

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Haplo

16,989 Posts.

3829

30/04/24

19:52

Post #: 73593060
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Originally posted by WhatsTheTip ↑

The company with insane underlying costs in the Lithium space is LKE who had $10.4m of administrative and corporate costs in the last quarter.

GT1 is higher than desirable at $1.11/qtr of Staff and Admin/Corporate costs for the quarter but aligned to a peer group looking to have projects FID ready in the next year (or 2). They are less than Atlantic $1.65m/qtr who are also aiming to be FID ready in 2024. They aren't that far different to LRS who had $0.88m/qtr across Staff costs and admin/Corporate. Its pretty similar to GL1 at $1.21m/qtr. They are well below WR1 at $2.28m/qtr.

So the core administrative structure isn't insane. There's a lot of spend on progressing the projects - drilling, study works, investigations, permits all the stuff that is needed to get a project into production. That spend is going to be required at some stage or another if a project is to get to production.

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LKE still has a higher MC than us too..... lol

GT1 Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 9.8¢		Change 0.000(0.00%)		Mkt cap ! $31.53M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	26202	9.9¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	308425	4

View Market Depth

No.	Vol.	Price($)
2	26202	0.099
1	61450	0.098
3	57995	0.097
4	271622	0.096
1	10526	0.095

Price($)	Vol.	No.
0.105	308425	4
0.110	9090	1
0.115	207202	2
0.120	71666	5
0.125	7963	1

Last trade - 10.21am 17/05/2024 (20 minute delay)

GT1 (ASX) Chart

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