GLN 2.94% 16.5¢ galan lithium limited

Compelling opportunity, page-2165

  1. 4,961 Posts.
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    None one is taking any of mine, truely world class deposit in a country that has a handle on the benefits that mining can bring to it without tourism. That will change but it seems the government is forward looking.

    Some might want to be reminded that all mining licences are granted regionally, not through the state government. GLN has a a well respected presence in Our province, having a Spanish speaking MD will always be a plus.

    Lithium prices still on the climb and over the market up nearly 80% since August last year.

    Car makers continue to increase their investment in the sector, Almost all all carmakers have stopped all future R&D into ICE.

    Most have brought forward their previous end of days for ICE vehicles.

    GLN has a shitload of potential in its tank, the low SOI give us to have an extraordinary SP even if the MC appears low. This also gives GLN the ability to climb fast as there are frick all shares to be traded as Management and family hold a huge amount, then there are a large amount of longterm holders that decided years ago that they were going nowhere.

    At a wild guess I reckon we’ve got at least 50% of GLNs share in tight hands, that makes it difficult to manipulate this stock.

    All in my opinion, go GLN.
 
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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¢ $426.5K 2.577M

Buyers (Bids)

No. Vol. Price($)
14 425203 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 83886 4
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Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
GLN (ASX) Chart
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