May. 3 at 5:37 PM
$GLNLF With all the
$0.35 options exercised +
$0.41 Clean Elements and Director participation, GLN should be well capitalized for the commissioning and the 5.2 ktpa expansion
Should give them roughly US$ 50+ million cash flow per year
With positive cash flow, financing of phase 2 is probably only a matter of time
Phase 3 and 4 are still coming
60 ktpa is probably not the end (see them at 100 ktpa at some time)
The Northern part of HMW is still not drilled out (and has the highest grades)
Candelas isn‘t drilled out yet and might be as large as Sal de Vida
If they hit at Greenbushes that might change the picture completly
Still very undervalued with what they already have and so much possible additional catalysts in the queue.
