Did moody just say Galan will be making a profit? I wonder where moody will be in 2027. Yes the profits initially will be slim but the plant will be built and further expansions can hopefully happen with injections from the 5 year options, bank and offtake pre-payments largely. It will be hugely derisked by then showing operational performance too. All will be unveiled Monday. Although the dilution is high still might be better at this stage than being burdened by a loan which puts the operation more at risk.
Sentiment buy as I will support the raise.
Ann: Trading Halt, page-75
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Last
16.0¢ |
Change
0.010(6.67%) |
Mkt cap ! $120.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.8¢ | 15.5¢ | $601.2K | 3.728M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14168 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 2244 | 1 |
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| Last trade - 15.55pm 14/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |