99.3% Lithium Chloride sells for US$76/kg today, meaning that 36% Lithium Chloride is ~US$28/kg
If Galan sell for 80% of value to a convertor (As discussed on Joe Lowry's Podcast) would be US$22.4/kg today, for a production cost that would be somewhere in the range of US$1-1.50/kg
75kt X US$22,400/t = US$1.7B in Revenue 75kt x US$1,250/t = US$93m in OPEX
The Payback Period at current lithium pricing would be measured in Days
12kt of Chloride from Pilot in H2 2024 ~75kt of Chloride at Full Scale in H2 2025
GLN Price at posting:
$1.63 Sentiment: Buy Disclosure: Held
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