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3.57%

29.0¢ galan lithium limited

As if the instos wont drive this back up. No way they will take...

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nicste

910 Posts.

48

06/02/24

21:32

Post #: 72271434
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Originally posted by LT_Investor: ↑

I am truly lucky that i didnt buy at 52 support.
the word offtakes and funding nowadays have so many conditions that are not transparent to us.

I find most concerning from this statement when thrn mention alternative funding solutions. If glencore drag on for another 3 to 6 months, they can technically buy GLN at much cheaper price. Many instos got trap at 46c. Will be interesting to see when new shares available for trading tomorrow.
"
The equity raising enhances Galan’s balance sheet by providing additional working capital and financial flexibility during Hombre Muerto West (HMW) Phase 1 construction and provides sufficient working capital headroom whilst Galan finalizes negotiations of alternative funding solutions including debt and prepayment facilities that will enable completion of HMW Phase 1."

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As if the instos wont drive this back up. No way they will take a loss on this

GLN Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 29.0¢		Change 0.010(3.57%)		Mkt cap ! $119.7M

Open	High	Low	Value	Volume
28.0¢	29.0¢	28.0¢	$184.3K	639.0K

Buyers (Bids)

No.	Vol.	Price($)
6	109549	29.0¢

Sellers (Offers)

Price($)	Vol.	No.
29.5¢	146784	10

View Market Depth

No.	Vol.	Price($)
6	107349	0.290
11	180276	0.285
13	390492	0.280
10	215127	0.275
20	643358	0.270

Price($)	Vol.	No.
0.295	146784	10
0.300	142962	4
0.305	20221	3
0.310	102968	2
0.315	50000	1

Last trade - 11.35am 07/05/2024 (20 minute delay)


Last 29.0¢			Change 0.010 ( 2.69 %)
Open	High		Low	Volume
28.5¢	29.0¢		28.5¢	281768
Last updated 11.19am 07/05/2024 ?

GLN (ASX) Chart

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