GLN 0.00% 16.0¢ galan lithium limited

Compelling opportunity, page-2721

  1. 1,178 Posts.
    lightbulb Created with Sketch. 353
    Great video, thanks for sharing.

    JP touches on two separate go-to-market options:

    1. Selling brine concentrate direct to third parties in Argentina
    2. Develop plant and produce lithium carbonate down the track

    I would really like to unpack option 1 a little more;

    1. Brine concentrate:
    • CAPEX? Will the $50m cover this?
    • We made specific mention of drilling wells at HMW within our $50m CR, is this a big clue we're progressing down this path?
    • JP also makes specific mention to selling brine 'direct to third parties in Argentina' in the video. My gut tells me there's talks happening here.
    • What would our likely revenue be from an activity like this and what is the market demand? That is, could revenue from this option be enough to bankroll company operations and turn profit while we're still an explorer?

    Keen to hear your thoughts
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
0.000(0.00%)
Mkt cap ! $116.6M
Open High Low Value Volume
15.5¢ 16.5¢ 15.5¢ $666.3K 4.231M

Buyers (Bids)

No. Vol. Price($)
8 644360 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 104536 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.