This is looking very similar with how CHN ran from their first discovery hole back in late March 2020 (sp about 40c) to the discovery confirmation announcement in late April or early May it ran to a market cap of $330mil.
Obviously GAL has about half the shares on issue (170mil) compared to CHN (275mil shares)
GAL is having a similar announcement timeline as CHN had and we are seeing the same type of sp run.
what to do now ?, page-253
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 (20min delay)
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Last
14.3¢ |
Change
0.003(1.79%) |
Mkt cap ! $28.16M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $15.37K | 109.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 87193 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 94305 | 2 |
View Market Depth
| Last trade - 15.39pm 05/11/2024 (20 minute delay) ? |
| GAL (ASX) Chart |