@tritonboat
Thanks for your kind words.
You said "Looking forward to your next big find". I don't think I would be able to find any other stock which could have such a big potential like GPP.
I have never come across a stock like GPP so far in my 8 years of stock market experience.
I know couple of them;
- SFR (Sandfire Resources) has been 166 bagger in two years time (from 5c on March 2009 to $8.30 on Dec.2010) (Mainly copper producer with relatively small gold production in WA Australia)
- SYR (Syrah Resources) has been 72 bagger in 2.5 years (from 8c on Oc.t2011 to $5.80 on July 2014) (Graphite deposit with vanadium credits in Mozambique).
- PLS (Pilbara Minerals) from the lithium sector has been 87 bagger in two years (from 1c June 2014 to 87c May 2016) (Lithium deposits in WA Pilbara Pilgangoora region)
However
GPP's situation is different. It has very exciting two projects. Lithium and "Coal to Liquids". I will talk only about lithium below.
As I said on my first post #:
19672757 on this thread, Morabisi project is very exciting.
This could be a mother of all resources plays of all times in ASX IMO. Time will tell that in deed.
GPP is in lithium sector - Lithium is the New Gasoline.
Lithium was considered by Goldman Sachs as "New Gasoline" on their research report "What if I Told You … Lithium is the New Gasoline" article (Page 16) article on Dec.2015. What Goldman meant to say is that gasoline and lithium are similar in that an EV revolution will catapult lithium demand higher, just as the development of the affordable internal combustion engine (ICE) vehicles created substantial demand for gasoline.
The EV revolution is not only about the passenger cars, buses and trains also use Li-Ion batteries now and the usage is increasing in an incredible speed, especially in China.
Also the
renewable energy market needs huge amount of storage capacity. The largest share of this market will be using lithium Ion batteries. As
@Stockrocker said above "The clean energy revolution will mean that demands will be exponential not linear."
Lead-acid batteries on ICE vehicles will also be replaced by Li-Ion batteries over the time (I now have a Li-Ion jump start battery in my glove box for emergence and also for powering/charging my mobile devices)
Lithium demand is underestimated. The demand is much more than calculated. Here is the fresh news from
Lithium World "China reported EV figures are wrong"
Lithium is rare earth element. It is hard to find.
It is not like gasoline which is quite easy to find. It can only be found in some certain areas of the world where the geological settings had been suitable for lithium mineralisation.
GPP's Morabisi Project can be a "District Scale" lithium project.
GPP will be exploring lithium on a very large scale area. The total project area is 3840 km2 (950,000 acres). We talked a lot about this issue. But again, the the area of Morabisi project is
as big as the hot spot area of whole Pilbara region which all of the main lithium projects are located including Pilbara Minerals, Altura Mining, Dakota Minerals, Metalcity, Fortescue Metals, Lithium Australia, Lithium Power, Venus Metals, etc. (Also, BGS's project area in Mali is only 250 km2)
Geological settings of the Morabisi projects area is suitable for high grade lithium mineralisation
THIS IS THE MOST IMPORTANT POINT IMO; it is highly possible that GPP will prove high grade and very high tonnage lithium reserves in Morabisi project because the geological settings of the Morabisi projects area is suitable for high grade lithium mineralisation.
As I explained on my post #:
19818371 (above on this thread) BGS has proven a very high grade lithium deposit Goulamina of prospect in
Southern Mali. It has very high Li2O (2.00%) head grade. (Consider that Pilbara Mineral's grade is 1.26%). BGS's product grade is even higher than anyone in Australia, it's 6.70% while Talison's is 6.00%. Because South America and Africa once joined together then started to separate 120m years ago, the greenstone belts of Guiana shield of South America and Birimian shield of West Africa is continuation of same greenstone belts with similar geological settings. Therefore it is highly possible that GPP will prove high grade and very high tonnage lithium reserves in Morabisi project.
There is already “district scale” tantalum (and niobium) occurrences in the project area
WHERE THERE IS A LOTS OF TANTALUM, THEN YOU CAN LOOK FOR LITHIUM..!
Because it is well know that LCT pegmatite Lithium deposits are strongly associated mainly with tantalum (and Niobium) deposits.
Because of the strong
“district scale” tantalum (and niobium) occurrences in this
greenstone belt area (same as Pilbara and Greenbushes),
it is highly probable that LCT pegmatites may come up as complex type and contains spodumene.
If GPP can prove high grade lithium (spodumene) resources. then
GPP could be the biggest hard rock lithium producer in the world.
PS: See the GPP Morabisi Project vs Pilbara region graphic below. This was mentioned on my first post above. I have overlaid the terrain map of Morabisi project on Pilbara region to show how big the prospective area could be.
From the terrain map, we can see the pegmatite outcrops are everywhere,
which means prospective area could be a huge.
View attachment 323288
View attachment 323291
