General Discussion Banter GLN, page-12848

First 12848 Last

Share
Profile

Follow
userxyz

3,072 Posts.

869

18/08/23

11:11

Post #: 69414449
Share
Originally posted by Gc4r: ↑

From a recent news article - dont hate the player hate the game:

Unproven technology and process risks: GLN is still in the early stages of developing its lithium extraction process. While they have done some small-scale testing, the technology is still unproven at commercial scale. There are risks that the process may not work as well or be as cost-effective at scale.
Permitting and regulatory risks: GLN still needs final regulatory approvals and construction permits for its commercial operations. There is no guarantee these will be granted on time or at all. Any delays could impact the project timeline and economics.
Uncertain funding for expansion: GLN will likely need significant funding to achieve its expansion plans beyond Phase 1. It is uncertain whether they will be able to secure this funding and what the terms might be. Any dilution or debt costs are not factored into the economics at this point.
Reliance on lithium prices: The project economics are highly dependent on forecast lithium prices remaining high. If prices fall, the project returns could be severely impacted. There is no certainty prices will follow forecasts.
Concentrated resource and project: All of GLN's current lithium resource and plans are concentrated in a single project (Hombre Muerto West) in Argentina. This provides no diversification. Any localized issues could significantly impact the company.
Political risks in Argentina: There is a history of political and economic instability in Argentina. There are risks of changes in legislation, nationalization, inflation, etc. that could adversely impact GLN's project.
Early stage company: GLN has limited operating history and financial track record. It could be risky to invest in a relatively new and unproven company in a volatile sector like lithium.
In summary, GLN is a speculative investment at a very early stage of development. While the lithium market opportunity appears strong, there are still significant risks and uncertainties that could impact GLN's ability to capitalize on that opportunity. Caution is warranted for investors.

Expand

Can you please share the link to the source?
GLN Price at posting: 66.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

AI stocks: What to expect in 2024-25

EVN

Evolution shares up 3% on quarterly results for June showing rise in gold production

DMP

Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe

HIQ

HITIQ's sensor-containing mouthguard OK'd by World Rugby specifications board

There are more pages in this discussion • 2,699 more messages in this thread...

First 12848 Last

Add GLN (ASX) to my watchlist

(20min delay)
Last 15.3¢		Change -0.003(1.61%)		Mkt cap ! $75.78M

Open	High	Low	Value	Volume
15.5¢	16.0¢	15.0¢	$240.8K	1.554M

Buyers (Bids)

No.	Vol.	Price($)
27	1074216	15.0¢

Sellers (Offers)

Price($)	Vol.	No.
15.5¢	634052	12

View Market Depth

No.	Vol.	Price($)
27	1074216	0.150
20	595481	0.145
16	538099	0.140
15	668435	0.135
11	225350	0.130

Price($)	Vol.	No.
0.155	565003	11
0.160	429976	11
0.165	194671	9
0.170	157671	4
0.175	69000	3

Last trade - 12.16pm 18/07/2024 (20 minute delay)

GLN (ASX) Chart

General Discussion Banter GLN, page-12848

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

AI stocks: What to expect in 2024-25

Evolution shares up 3% on quarterly results for June showing rise in gold production

Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe

HITIQ's sensor-containing mouthguard OK'd by World Rugby specifications board

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

General Discussion Banter GLN, page-12848

Top Stories

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

AI stocks: What to expect in 2024-25

Evolution shares up 3% on quarterly results for June showing rise in gold production

Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe

HITIQ's sensor-containing mouthguard OK'd by World Rugby specifications board

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News