take another 10c off and your probably closer to the truth.
Stage 1 is granted and unaffected. Stage 2 has ran in to issues contrary to the companies earlier view. 100% inflation and a new radical govt trying to stabilise an economic mess.
There was always going to be fallout from this. We just buried our heads in the sand and hope for the best. Royalties will be higher. Lithium companies need too contribute to the recovery more than they are now and held to account more.
Lithium companies have been having a free for all for years in Argentina. Unfortunately GLN was 3 years too late along the timeline and now we face a much tougher proposition but I still believe in the project long term.
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