"The point is, he can’t see the local government agreeing to large amounts of brine (containing only 6% Li content) being exported overseas when permits have been granted to other larger and longer term operators on the basis of a) protecting water use and b) doing value-add in country."
according to GLN the value in licl brine is roughly 70% of the lce price so lots of value is already being added by just getting to the 6% brine level. Also there seems to be lot of water saving going the 6% brine route. Perhaps where it Is converted in carbonate there could be more water available?
"The point is, he can’t see the local government agreeing to...
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Last
34.5¢ |
Change
0.050(17.0%) |
Mkt cap ! $142.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 35.0¢ | 28.5¢ | $1.107M | 3.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11808 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 219999 | 3 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
34.5¢ |
Change
0.050 ( 18.5 %) |
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| Open | High | Low | Volume | ||
| 29.5¢ | 35.0¢ | 28.5¢ | 1124176 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| GLN (ASX) Chart |