DLI 5.88% 27.0¢ delta lithium limited

Delta Lithium General Discussion, page-2188

  1. 2,179 Posts.
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    A quick/simple comparison between GL1 (lithium only) and DLI (Li + Gold):

    Global Lithium (GL1) - at the end of 2023:
    Current Mcap: ~$218m
    A combined MRE (Manna + Marble Bar) on Li: 54 [email protected]% Li2O; (potential to grow?)
    Cash: ~$54m

    Delta Lithium (DLI):
    Current Mcap: ~$235m
    A combined MRE (Yinnetharra + Mt Ida) on Li: 40.4Mt @ 1.1% Li2O; (potential of growing!)
    Mt Ida Maiden Gold MRE: 3.1Mt @ 4.1g/t Au for 412,000 oz includes two shallow high-grade discoveries (Baldock 086 + Meteor North 140) for 161k oz gold;
    Cash: $71.4m (end of Sep 23) + $70m newly raised in Nov 23.

    At the moment, it certainly looks like Mt Ida's gold is valued at almost zero..

 
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