GLN 0.00% 12.5¢ galan lithium limited

Ann: New High-Grade Lithium Discovery, page-82

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  1. 1,845 Posts.
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    IMO higher grade is more preferred over total size to buyers... If the resource is circa 2Mt and grade is above 800ppm for a average as a whole and Mg ratios get lower than todays circa 2:1 on average, I think we will be in a very good position, I would think demand will ramp up for Li in 2021-2022 so strategically for anyone coming into the market they can get a cheap resource, low capex & opex compared to peers time to build a plant before the next kicker in demand...
    Lower cost risk IMO risk compared to the likes of AJM A40 and even dare I say PLS...
 
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