GLN 7.14% 13.0¢ galan lithium limited

Compelling opportunity, page-5141

  1. 847 Posts.
    lightbulb Created with Sketch. 2990
    And a final thought , that’s probably maybe why our price is lagging others like lake because the market is struggling to put a value on us with this proposed proffered chloride route to market .

    Getting this out there may really drive the price up if people can see it’s still got likely a high profit margin but with a much lower risk to market . The market then can also start making informed guesses on how much profit and capex this project can save in the early years and hence self fund the battery chemical process down the track through early year profits . Maybe possible to get to a fully operational battery grade plant by say 2028 -2030 but have bugger all dilution in getting there if we can play this strategy right . But right now trying to value that in the share price is impossible .
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.