Resources Stocks Down Under 1 December 2022: Global Lithium Resources (ASX:GL1)

This week we look at Global Lithium Resources (ASX:GL1) another lithium IPO that has been on a hot run since listing. GL1 has grown its market cap by nearly twenty times in the last 18 months and it is all thanks to the hard work done at its Marble Bar and Manna lithium projects, both prior to and since listing. This is not a company that has had one good hit and investors piling in due to FOMO. Rather, this is a company that deserves appetite from investors with a significant JORC resource, offtake in place and even further upside possible from exploration at both projects.