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Boron behind Global Geoscience's low-cost lithium pitch

Global Geoscience (GSC) has not been alone in being caught in the downdraft for lithium stocks caused by the recent volatility in prices for the buzz battery material in the all-important Chinese market.

Boron behind Global Geoscience's low-cost lithium pitch Boron behind Global Geoscience's low-cost lithium pitch Boron behind Global Geoscience's low-cost lithium pitch Boron behind Global Geoscience's low-cost lithium pitch Boron behind Global Geoscience's low-cost lithium pitch

Rhyolite Ridge in Nevada, USA

What was a A53c stock as recently as March is now back at 24c, taking the group's market capitalisation down by $427 million to $352 million.

Talk about a rude awakening, particularly for those investors who kicked in $53 million in to GSC's coffers in June in a placement at 41c a share that was fully underwritten by Citigroup Capital Markets.

That sort of pain has been shared by the other ASX-listed lithium developers. Kidm...