General Discussion Banter GLN, page-4710

The main risk is that the arse falls out of the Lithium market...

1. A new technology makes electric or lithium chemistry obsolete
2. Someone works out how to extract Lithium from sea water (because there is a lot of it) - cheaply
3. The cloak gets pulled off the climate change thingy and exposes it as a giant hoax.
4. A meteorite hits the Lithium triangle and blasts the beejeezuz out of it.
5. A kind of Pol Pot character gets control in Argentina and decides to turn it into an agrarian antediluvian dictatorship or some other anti-business isolationist coup (which isn't totally ridiculous because the third leg of the Lithium Triangle - Bolivia has failed to commercialise its resource due to unfavorable economic and political factors).

The good news is - none of the above are likely and it's not as if GLN is an operating mine that can cave in or burn to the ground. It's just a big patch of salt lake with a couple of holes drilled in it currently worth $67.56 million.

So, worse case the value of the resource doesn't go up and unless 1 to 5 happen - it probably won't go down.

But, sell now and what are you going to put your money in to? Think there will be no risk there?
Plus, there will be hell to pay (TAX).

Just some throw away lines to add to your deliberations.

IMO
DYOR