GLN 3.03% 17.0¢ galan lithium limited

Ann: Drilling Update, page-166

  1. 10,642 Posts.
    lightbulb Created with Sketch. 475
    IMO all the hope that there a significant resource is deeper is misguided. Galaxy had the option to purchase these tenements early on and chose not to and they would have done their homework.Also with $300 mil USD on hand you'd think if galan were an attractive proposition, they would be an attractive acquisition to lower galaxys tax bill

    bottom line, galan went into a trading suspension just to announce drill results. To put a positive spin on things ? your guess is as good as mine but with a market cap of only $60 mil, it's not rocket science why there has been no takeover offer for galan from its neighbour

    disclosure should read not held... too quick to post. Also a project as advanced and as proven as galaxy has yet to find a partner 6 months later than planned. Sorta speaks for the whole Argentina lithium basin.... where is the interest. good luck holders
    Last edited by remirez: 12/03/19
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.005(3.03%)
Mkt cap ! $80.57M
Open High Low Value Volume
17.0¢ 17.0¢ 16.5¢ $420.7K 2.493M

Buyers (Bids)

No. Vol. Price($)
5 334361 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 259700 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.