Further to the Bell Potter research report, developers are valued at $1,700/ton for their JORC resources.
GLN is currently valued at around $141/ton for all indicated JORC resource, massive discount at the moment.
If you have a look at last resource upgrade announcement, SRK actually used a very conservative estimation.
Also, first production well drilled last month, also indicates that is more brine than previous estimated.
Canaccord research report stated there is additional 500,000 tons to 1,000,000 tons LCE upside for HMW.
From resource side, and economic perspective, GLN is one of the most undervalued lithium stocks, imo.
Further to the Bell Potter research report, developers are...
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