GL1 1.85% 26.5¢ global lithium resources limited

I had no plans to increase my holding here but have materially...

  1. 672 Posts.
    lightbulb Created with Sketch. 108
    I had no plans to increase my holding here but have materially added. Risk/reward is too good imo.
    As Ron states "This mine will be built". I have a lot of faith in the calibre of the management team to bring this to fruition.

    It's moments like this when serious coin can be made. Nothing has changed. Fundamentals have actually improved. You can argue the lithium carbonate price has fallen 50% but I have no qualms about this. Margins are still robust & are way above the price of models undertaken.
    They undertaking of optical calimetric ore sorting should also increase throughput, possibly grade & production back end.






 
watchlist Created with Sketch. Add GL1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.