$4 based on the progress we have is reasonable. However, since we are gonna make significant progress in the next 12months, the buy out price would increase proportionally. It's a question of whether investors want the return now or later? My view is for investors to have the return later as Global lithium already have plans to build the mine itself. We get a higher valutation/buy our price for making progress in the development cycle.
Ann: Exploration Update - Manna High Grade Drilling Results, page-14
Add GL1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
38.0¢ |
Change
-0.010(2.56%) |
Mkt cap ! $97.59M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 39.5¢ | 37.0¢ | $221.6K | 582.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 91045 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 20963 | 3 |
View Market Depth
| Last trade - 15.02pm 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
38.0¢ |
Change
-0.010 ( 5.00 %) |
||||
| Open | High | Low | Volume | ||
| 38.5¢ | 38.5¢ | 37.0¢ | 155761 | ||
| Last updated 15.02pm 16/05/2024 ? | |||||
| GL1 (ASX) Chart |