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Global Lithium Resources Ltd (ASX:GL1) has returned high grades and strong recoveries in ongoing test-work on the Manna Lithium Project in Western Australia’s Goldfields prompting Shaw and Partners Financial Services to maintain its buy recommendation and price target of $2.20. In supporting its recommendations in an equity report compiled last week, Shaw and Partners said: We highlight outstanding value on offer in GL1 and expect production curtailments to result in a #lithium market rebound through 2024.” The company is currently trading at around $0.62 and its market cap is approximately A$161.36 million. It finished 2023 with $36 million cash and no debt, which Shaw and Partners said left it well-placed to withstand current market conditions. More at #Proactive #ProactiveInvestors #ASX #GL1 #LithiumMining #BatteryMetals #CriticalMinerals #BrokerResearch http://ow.ly/Yltp105lyez

Global Lithium Resources has buy recommendation and $2.20 target maintained by Shaw and Partners

Global Lithium Resources has buy recommendation and $2.20 target maintained by Shaw and Partners

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