The specific yields here are roughly in agreement with what Allkem has used on the same salar: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1262-tsx/ake/138484-olaroz-resource-increases-27-to-20-7-million-tonnes-lce.html
Galan's numbers seem off as they have a big LCE resource but only managed to squeeze out a 100k LCE proven reserve (just enough for 5 years at 20ktpa despite claiming a 40 year LOM).
LEL should be sitting much closer to GLN's market cap already. LEL's tenements are much easier to work with also.
The specific yields here are roughly in agreement with what...
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.56M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 37.0¢ | $18.93K | 50.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25590 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 8000 | 1 |
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| Last trade - 15.09pm 03/07/2024 (20 minute delay) ? |
| LEL (ASX) Chart |