GL1 is at the more speculative end of the market, is not in production and is therefore not producing earnings, although their current exploration program at their Western Australia assets is an exciting one. This is a higher-risk play on the Lithium sector and one that will come with significant volatility.
- We like GL1 however from a risk/reward perspective, our ideal buy price is ~$1.40.
MM is long GL1 in our Emerging Companies Portfolio
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