Manna-Nova Integration Study increases post-tax NPV by 100%

Key points

• Post-tax NPV increased by 100% to A$946M
• Payback period reduced to 11 months
• Required pre-production funding reduced by 59%
• First DSO shipment targeted for May 2027
• Final Investment Decision on track for Q4 2026

Full summary

Global Lithium Resources Ltd. has completed the Manna-Nova Operation Integration Study, confirming a significantly enhanced and accelerated development pathway for the Manna Lithium Project. The study highlights a 100% increase in post-tax NPV to A$946 million, a reduced payback period to 11 months, and a 59% reduction in required pre-production funding. The Manna-Nova integrated operations will leverage the existing Nova processing facility, eliminating the need for a new concentrator. The project is expected to become Australia's next lithium producer with a Final Investment Decision targeted for December Quarter 2026.

Guidance

Post-tax NPV of A$946 million, payback period of 11 months, pre-production funding of A$180.1 million

Outlook

The Manna-Nova integration study significantly enhances the project's value, reducing risk and accelerating production. The company is on track to become Australia's next lithium producer.