GLN 8.00% 11.5¢ galan lithium limited

General Discussion Banter GLN, page-15962

  1. 171 Posts.
    lightbulb Created with Sketch. 80
    Kings birthday only for Qld and SA I believe. NSW, VIC have it in June. ASX open. I agree with furnaces above. GLN a screaming buy after this RIO action. (was actually a buy before rio action but this just affirms it). Argentina is well and truly open for business whether it be with the US or China. Noted, the current CR has put a lid on the price, however this could and should be temporary, particularly if the Chemsys deal is affirmed. I too believe the stock can be 30 by Xmas on a rerate after the Chemsys deal goes through. The big companies now have to take a serious look at these smaller companies that are nearing production. To repaeat what Galan has achieved to date would take a new player 4 to 5 years. Yes there have been frustrations along the way (particularly with management) but the lithium space appears to ahve turned, and with China now stimulating their economy its game on. Production by mid next year should be very attractive to a larger player. With USD being used to take this thing over it is ridiculously cheap at present.
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
-0.010(8.00%)
Mkt cap ! $68.54M
Open High Low Value Volume
12.0¢ 12.0¢ 11.0¢ $197.6K 1.702M

Buyers (Bids)

No. Vol. Price($)
3 92994 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 269000 4
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.