Agree with you Bbf, this management does get the job done. In the last six months with have priducex two DFSs, got permits awarded, received an off-take proposal from a major and built a giant pond!
The problem is that market never gives them the credit for it. Even in bad markets, some stocks do well and GLN is arguably the best development story out there, as it is low cost brine, yet not DLE. We also have a world class resource, bigger than Liontown’s, with high grade. The message is somehow not getting across.
The key will be if/when the Glencore deal becomes binding and they get a prepayment offer. It should be possible to raise funds off the back of that if they need to.
Look forward to hearing about Glencore site visit.
GLN Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held
(20min delay)