GLN 0.00% 17.0¢ galan lithium limited

General Discussion Banter GLN, page-13878

  1. 502 Posts.
    lightbulb Created with Sketch. 176
    Glencores prepayment is max US$100m. Capex stage 1 is going to be US$118m (it’s always at least the max).
    So they cover stage 1 capex or so minus US$20m, but thats also the first years stage 1 O/T income, so there is no new cash coming in until the second year of stage 1 production in 2026.
    The opex for the second year of stage 1 production still has to be found, plus general costs for GB and Candelas.
    Depending on prepayments for stage 1 in further years or stage 2, Galan is def going to need cash beyond this initial Glencore prepayment.
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.000(0.00%)
Mkt cap ! $80.57M
Open High Low Value Volume
16.5¢ 17.3¢ 16.0¢ $423.1K 2.536M

Buyers (Bids)

No. Vol. Price($)
4 478338 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 71038 4
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.