I think it's fair to say that there will be many buyers if the share price drops to $1. I will definitely be topping up if that happens. The fundamentals and timing for GL1 are just too good to ignore.
Management know their stuff and are drilling the hell out of Marble Bar right now and I'm sure they will also come up with a aggressive drilling campaign for Manna this year. 2022-2023 will be all about proving up the resource. We should hopefully have at least a 30-40 mT resource by the end of 2023. This would then set us up nicely for the start of commercial production by 2026 to capitalise on the lithium boom. Europe will ban the sale of ICE vehicles by 2030, starting with Norway in 2025! The timing to production could not be better for GL1.
Just IMO, DYOR!
GL1 Charts, page-63
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.57M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 25.5¢ | $149.7K | 562.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 77796 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 80194 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| GL1 (ASX) Chart |