GLN DFS looks like an interesting comparison to LKE, about 10 times less CAPEX, much lower OPEX to produce 5ktpa LCE (LCE is lithium chloride, same as LKE), IRR of 36%, first production in 2025.. it may not blow people away but THATS a project were holders will be fairly certain it can be funded and GLN currently has a MC 100m less than LKE
disclaimer: not a holder of GLN but they are lithium(evap ponds), in Jujuy province so its a good comparison
Level-headed, blunt assessment of Lake Resources, page-295
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