GLN

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11.5¢ galan lithium limited

Ann: At The Market Raise, page-65

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userxyz

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16/07/24

11:10

Post #: 74771089
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Originally posted by mattilla: ↑

You’re about 2 and a half years late reaching that conclusion unfortunately. You’ll now be selling the bottom. Not saying it’s the wrong call for your circumstances, just something to consider and learn from for next time around.

imo you have correctly identified that GLN is more of a trade on the lithium market than the individual stock. Folks here can whine all they like about the methods by which we’re raising capital and demand resignations, but I don’t see much from them in the way better ideas. The reality is you’ll always see dilution when you build a mine. And you’ll always see MORE dilution building one at the bottom of a price cycle. That’s life. No way around it. They either need to keep building and wear more dilution, or mothball it and wait for better prices. Personally I hate option b and more than happy to see them keep pushing ahead. For one thing it shows conviction from the management team that this thing will work, and for another it means when prices do recover we’ll be on the cusp of production and able to take full advantage.

imo this thread is now full jaded ex-holders trying to justify their sell decisions by throwing mud and hoping it drops further. The quality of content on here is dismal compared to a few years ago hence I don’t read it much anymore. Anyway best of luck whatever you decide to do.

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What is dismal compared to a few years ago is the performance and actions of management.

GLN Price at posting: 15.8¢ Sentiment: Hold Disclosure: Not Held
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(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

No.	Vol.	Price($)
3	92994	0.115
23	1457679	0.110
24	1921287	0.105
57	3690642	0.100
4	131111	0.099

Price($)	Vol.	No.
0.120	269000	4
0.125	441061	7
0.130	500900	13
0.135	1008914	4
0.140	133258	4

Last trade - 16.10pm 04/10/2024 (20 minute delay)

GLN (ASX) Chart

Ann: At The Market Raise, page-65

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Ann: At The Market Raise, page-65

Top Stories

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News