Wonderful comparison mate!
Simple and Comprehensive.
I also hope within the next quarter they can confirm the flowrates and sell concentrates in Q4 2023 that would smack the market hard and FOMO will kick in then. If they confirm the same arrangement with the Candelas asset after that... I'm incline to take a wild guess that our MC would easily be AUD 1 Billion. Look at LTR a nice MC of AUD 1.6 Bil with their DFS.
GLN should be ard the 1 Bil mark once JP and team get the Concentrate Offtake Agreement in the pocket. I guess it's just the need to prove the flowrate now before Offtakers can know how much to take or are at least secured of the promise to deliver cause we all know that Lithium is and will be in perpetual deficit until 2030!
Also in the recent announcement after raise there a sneaky little mention about earthworks being carried out. Pond earthworks? or just earthworks for access?
GLTAH, AIMHO, DYOR.
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Price($) | Vol. | No. |
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