GLN is very undervalued for a myriad of reasons.
Lack of financial nouce from management, which can be attributed to a lack of their research into the supposed under supply predictions by some of the so called experts in the industry.
The under supply theory was put to be over a year ago, we still sit in oversupply.
How, why,we sit in this position of oversupply are a conversation of many views…. Africa, Chinese manipulation, stockpiles… ETC.
All I see is continued growth in all sectors related to the energy transition. This bodes well for our future, both financially and for all as we continue to transition from fossil.
GLN despite a few views is still well placed to enter the sector and be a low cost, high spec lithium provider more likely closer to 2030.
love to be proven wrong but we ain’t going to see the $2 mark again for some time.
Years ago we had 200m shares on offer, we have already been diluted to oblivion and those share prices we had previously experienced will be very hard to achieve again.
Holder since 2018 and still have the faith as this is truly an exceptional resource.
Best wishes to all us long suffering.
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