GLN 2.94% 16.5¢ galan lithium limited

Cheapest Brine Play on the ASX, page-114

  1. 13,333 Posts.
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    DMI - Forgotten due to milk mania but lovely chart with increasing daily volume.
    if close over 14c today... ST target of 22.5-24c could come in play in coming weeks...
    Tightly held too and so could do well... Daily chart looking great =  Great TA

    I guess, FA wise many yet to understand potential here. Projects located in the Hombre Muerto Salt flat, adjacent to Galaxy Resources (mkt cap; A$1.3bn) and FMC Lithium Corp. (mkt cap; ~A$15bn) Targeting fast track prod of #Lithium Carbonate similar AGY MC $8m = CHEAPEST

    Let's put this way; 4CE MC over $40m next to AVZ (yet to go in production);
    HNR MC over $40m next to KDR
    DMI next to GXY and FMC = MC should be over $40-50m.
    Give 50% discount from spec peers and still gives over a bag from this price.

    Fingers crossed
 
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Last
16.5¢
Change
-0.005(2.94%)
Mkt cap ! $78.20M
Open High Low Value Volume
17.0¢ 17.0¢ 16.0¢ $268.8K 1.625M

Buyers (Bids)

No. Vol. Price($)
21 559519 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 482287 13
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Last trade - 11.12am 24/06/2024 (20 minute delay) ?
GLN (ASX) Chart
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