GLN 4.35% 11.0¢ galan lithium limited

Ann: Capital Raising Presentation, page-28

  1. 13,927 Posts.
    lightbulb Created with Sketch. 8477
    My point was that forecast from 2018 was out very significantly just 5 years later.
    The forecast for 2023 was circa 6M, the actual number was over twice that.
    Why won’t the disruption follow a typical s-curve..?
    Adoption will be mainly driven by cost.
    You mention producers getting lined up due to the dream/promise of EV adoption, but the reality so far is way ahead of forecasts from just a handful of years ago.
    DYOR on the tipping point and what people will want when suitable vehicles reach price parity in their markets. Australia a minor market and shitty example as others have mentioned.


    Ps. Agree on the “flu” BS. We will look back on that “response” by the powers that be as a shameful period in our history, imo, with most of the “response” being absolutely absurd and unjustified.


    Anyway, in the meantime we wait and see how the market unfolds, and if GLN can get its project developed. Afaict funding has been very hard to come by for juniors who don’t have a deep-pocketed partner.
    GL
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
-0.005(4.35%)
Mkt cap ! $55.73M
Open High Low Value Volume
10.5¢ 11.0¢ 10.3¢ $269.0K 2.559M

Buyers (Bids)

No. Vol. Price($)
6 928332 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 429610 7
View Market Depth
Last trade - 16.10pm 10/09/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.