Why GLN could be one of the best baggers on the ASX IMO., page-5

As promised...
I'll be going over in me detail each of my initial points in my first post.

1.
Location of its salar:

This one is just a no brainer to me.
The whole ideal of investing is to make RISKS but, calculated RISKS.

Right now there are companies all over ARG dilling, grabbing land and trying to get results.

Hombre Muerto is simply the best Brine Salar in the world (outside of Chile) high Li, low Mg.
It's one of other a few places on earth that have been supplying BG LCE to the world the past 20+ years

It's very profitable...You just need to look at FMC's annual report the past 20+ years to see.
http://phx.corporate-ir.net/phoenix.zhtml?c=117919&p=irol-reportsannual

Here's GXY's JORC...
http://www.galaxylithium.com/projects/sal-de-vida

Avg Li (mg/L) for GXY's SDV is 700-800.
Once DMI can confirm the same Li levels or better...DMI'S SP will go to another level and I believe that level will have 3 digits.

Remember,
DMI's massive Candelas holding is bordering GXY project.
GXY kept the 2/3's that's adjacent DMI!
DMI has the BEST nearology I've ever seen on the ASX.

The first question every potential DMI invest ask is if Candelas is so great why didn't FMC or GXY just grab it?

At first I just looked at the satellite pic and figured there were maybe a few decent brine pockets. You can see the white parts along the river. I was mostly investing in JP and the fact he quit his good job and the fact he knows more about Lithium and MORE importantly Lithium investing than anyone in Australia.

You invest in people, not projects.

I thought with a low MC and the fact he MUST know something.
The math showed if he pulled off a 100k JORC and start a small 2-3k plant OP...DMI was a easy 5-10 bagger with it's LOW MC.
That was BEFORE the GEO recent results.

No one thought there was any SERIOUS amount of brine there.
JP did serious JEDI research and he was right.
Mattila has made a better explanation here...

https://hotcopper.com.au/threads/wh...4261656/page-22?post_id=33963423#.WzRVUVUzapo

Also,
FMC and GXY already have massive holdings. There are REAL costs to buying more land...you have to work it. The ARG governments done like big companies buying and just sitting on land.

Recap:
-Proven Salar.
-Working and profitable Salar.
-DMI's Candelas is adjacent right next to a JORC worth 1.4B U.S (1/3 was resent sold for 280M U.S)
-Recent INDEPENDENT Geo results prove the Candelas project is holding large amounts of BRINE and deep too...400M+ (how many ASX investors looked at those results or understood them?)
-So After the JORC...does POSCO make a offer?
(or one of the 20+ others cashed up LCE hungry companies that would be lined up?)

-The $3-5 question is how far do the edges go? (Is Magna covering the edges?)
If the the current theory is correct and the GEO results lead this to be correct. The JORC that DMI releases in the next 12 months...could show a 1 -2+ million JORC.

Even without the above...DMI has a easy 100-200k JORC and with a small 3,000 ton a year LCE plant is a easy 10 bagger at these levels. DMI is currently funded to get a good part of that operational.

Hombre Muerto is special and DMI has a massive chunk of it.
Name me another ASX company that lets you have equity to the best 2nd best PROVEN Salar in the world for 10 cents on the dollar?

IMO
DYOR!!