GLN

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13.0¢ galan lithium limited

I wouldn't place much worry about the future of MAN, if NI are...

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CyberShade

331 Posts.

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04/08/24

09:16

Post #: 75060874
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Originally posted by sharebroker1: ↑

Exactly my thoughts too, desperately grabbing dribs and drabs of small cash shows desperation beyond words.I feel sorry for anyone buying the highs here in the BS hype.
GLNs biggest balls up was dumping their holding in MAN for rock bottom, when MAN trading at cash backing, (MAN holds $15m cash and a suite of gold copper uranium platinum and lithium projects) and now look, up MAN goes no surprises.
To make matters worse for no insight GLN, , "NextInvestor" just increased their MAN stock holding from 8m shares to 10.3m shares ,as did a MAN director.
NI have just put out a report on MAN, talking about MANs pending JORC RESOURCE due out any day now, and NI hinting it will be large and high grade. They also mentioned MAN could move from a current MC of $16m to nearer $135m, so the desperation dog act of GLN dumping MAN at z huge loss for GLN , without any concern for MAN holders looks to have backfired and if MAN hit half of NI target of even just 10-15 cents, GLN are going to look pretty stupid.
Sure I understand the need to survive, and the Li market in the shitehouse, but GLN shareholder destruction to this level possibly shows management with little insight.
I mean MAN could have given GLN a loan lol,
.Buyer beware here, with f/a cash and this type of decision making, it would be a brave man putting a cent into this mob

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I wouldn't place much worry about the future of MAN, if NI are involved etc. it's jump pump and dump crap.

GLN Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $77.48M

Open	High	Low	Value	Volume
13.0¢	14.5¢	13.0¢	$752.8K	5.503M

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No.	Vol.	Price($)
19	874807	13.0¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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0.135	25000	1
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