GL1 global lithium resources limited

Takeovers Panel release the reason for not to conduct proceedings, page-6

  1. 504 Posts.
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    Who ever wants GL1 to complete the DFS now in this pathetic lithium price environment should have his head read..
    Ron Mitchell will not complete the DFS until the market for Lithium improves and if it doesn’t, then it won’t be only GL1 that will go under, all will..
    It is Not Ron’s fault the Lithium market has gone cactus. He is doing exactly the right thing imo, exploring in the Pilbara for gold and or other metals looking at mutually beneficial partnerships and putting Manna on hold until it is economically viable to progress it. Sincerity should stop forcing GL1 to waste its precious cash balance defending a takeover by a second rate property developer- God help us!
 
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