GL1 4.00% 24.0¢ global lithium resources limited

hi @HaploIve been looking over GL1 now that a year of ownership...

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    hi @Haplo

    Ive been looking over GL1 now that a year of ownership has passed, avg entry at 64c so its been good - But i find my self wanting to sell down right now and am curious if you want to share why you think its undervalued?

    My 2c, looking at ESS / IGO multiples which is similar grade and cut-off, 50mt @ 1% is a touch over 600m AUD - Thats fair value for GL1 and moving into scoping is known to be orphan period.

    I however expect GL1 will move with the broade Lithium industry and would suggest just on fundamentals its got upside along with a good channel forming. In saying that, there are some better Lithium stocks which is why i am selling down.

    Always appreciate thoughts, please do share


 
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