It's really a neutral announcement. Any neutral or even slightly positive annoucement is just being sold off in this market. This is amplified at GLN due to falling SP over a long period of time. It is yet again payment by dilution which seems to be the preferred approach for GLN, despite JP indicating otherwise. It all comes down to pre-payment at HWM, JP needs to prove his product chloride product is desirable enough that someone will pay up front for it. It won't pay for Stage 1 and 2 of course but should be enough to turn the tide of the SP alongside a change in Lithium sentiment.
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- Ann: Key Canadian Lithium Project Acquisitions
Ann: Key Canadian Lithium Project Acquisitions, page-64
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Open | High | Low | Value | Volume |
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26 | 977269 | 0.150 |
11 | 520807 | 0.145 |
12 | 2481142 | 0.140 |
7 | 142773 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 270466 | 4 |
0.165 | 227000 | 8 |
0.170 | 150000 | 2 |
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