Compelling opportunity, page-2189

As some asked for PFS results, JP is taking HMW to the production ASAP, and PEA/Scoping study has been done very thoroughly, so GLN is currently directly working on DFS, is expected to be completed in about 12 months.

Yesterday's announcement confirms 25,000 tons LCE annual production, that's very positive.
Using battery grade lithium carbonate price at US$15,000/ton, GLN's Capex is US$105m lower than LKE's, GLN's Opex is also lower than LKE's; LKE's annual production 25,500 t where GLN's 25,000 t.
LKE's post tax NPV @8% is A$2.1B;
So GLN's post tax NPV @8% is likely to exceed A$2.1B, imo.

Also, Candelas (JORC: 680k tons LCE; AGY: JORC: 200k tons LCE), is working on optimising modelling.

Third one, Greenbushes South, early indicator is very prospective.

LKE's comparison is just for waking up how current GLN share price is mispriced, imo.
LKE: $390m (cash $24m)
GLN: $248m (cash $15m)

All imo.