GLN 1.72% 14.3¢ galan lithium limited

Ann: Galan Acquires Catalina Title in Catamarca & Salta Provinces, page-77

  1. 375 Posts.
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    Based on previous M&A activity on pre-revenue explorers and developers, somewhere between $600m and $1.2b would not be an unreasonable fully diluted EV valuation - possibly more if you factor in a premium for the high grade and low impurities.
    https://hotcopper.com.au/data/attachments/5470/5470117-73be4d84e61762c63ed156bd15582436.jpg

    Here is the latest ASX Lithium "Bany for your Buck" chart for Total Resources which now includes the $2b PMT inferred resource of 3.84Mt LCE, part of which sits under a lake... speaking of permits, hopefully we get the full construction permit for 5.4ktpa this week:
    https://hotcopper.com.au/data/attachments/5470/5470131-6d855ec936384b1a36ea07d7c54b057a.jpg

    ALL IMO DYOR
 
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