I don’t see how the brokers and analysts can stand by LKE as it is pretty obvious that the economics suck at l/r consensus Li price of about $22,0000. They have to build expensive infrastructure and they have also given 25% of the project away to Lillac.
Once GLN gets its prepayment deal signed from Glencore, that means the project has been through rigorous independent technical and economic cross-examination by an expert third party, so GLN so will no longer be dragged down by LKE.
General Discussion Banter GLN, page-13853
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
-0.015(9.09%) |
Mkt cap ! $109.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 14.8¢ | $1.154M | 7.361M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 815060 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 212080 | 2 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |