GAL - If its northern drilling delivers more hits AND positive assays
GAL: Drilling out a PGE discovery
Current Market Cap: $224M
Days since Portfolio Initiation: 957 days
Performance since Initial Entry Price: +409%
Performance since Jan 1 2022: +449%
Commentary - GAL is already up 449% in 2022 and has a strong lead to be the best performer.
GAL already made a discovery which re-rated it upwards, but it also recently announced more new potential discoveries (assays pending) in different locations showing that there is a lot more potential across another 5km of ground
Two rigs are now drilling, there is a backlog of assays to come before Christmas and lots of scout drilling going on to potentially find extensions or new systems - a couple of excellent results could crown GAL as our top performer for 2022 and hopefully hit that 1,000% rise.
We also note that the $1.20 placement from July has had plenty of time to be digested, which is usually a precursor to a re-rate higher.
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $29.64M |
Open | High | Low | Value | Volume |
14.0¢ | 15.0¢ | 14.0¢ | $7.121K | 48.71K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7100 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 6585 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7100 | 0.140 |
4 | 36029 | 0.135 |
3 | 140000 | 0.125 |
6 | 31176 | 0.120 |
3 | 125891 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 6585 | 2 |
0.155 | 67643 | 2 |
0.160 | 20165 | 1 |
0.170 | 5000 | 1 |
0.175 | 83162 | 3 |
Last trade - 10.50am 18/10/2024 (20 minute delay) ? |
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GAL (ASX) Chart |