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1.75%

28.0¢ galan lithium limited

I agree, when you look at our production from Phase 1 +2 it...

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philipg

785 Posts.

144

24/04/24

10:13

Post #: 73491476
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Originally posted by Bikesbeersfooty: ↑

The report says “spec buy”. And yes I’m aware they are a gun for hire. But if it says spec it means befknware.

The PT of $2.25 I would assume is based on gln successfully reaching output of stages 1and 2 product, seeing as the report analyzed all that detail.
How much do you think glnS SP should be if we are putting out 20kT of LCE in LiCl ? Give us an answer we can look back on instead of a generalized rant.

In rough figures a SP of $2.25 means a MC of about $1m or less. Seems cheap to me.

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I agree, when you look at our production from Phase 1 +2 it stacks up.
I believe one we get a FIRM agreement in place from Glencore or others our SP will head up again and hopefully get to this price in next 18 months.
Just my opinion.

GLN Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 28.0¢		Change -0.005(1.75%)		Mkt cap ! $115.6M

Open	High	Low	Value	Volume
29.0¢	29.0¢	28.0¢	$224.6K	790.1K

Buyers (Bids)

No.	Vol.	Price($)
14	435383	28.0¢

Sellers (Offers)

Price($)	Vol.	No.
28.5¢	136973	4

View Market Depth

No.	Vol.	Price($)
15	445243	0.280
8	232727	0.275
22	674982	0.270
11	720267	0.265
11	102076	0.260

Price($)	Vol.	No.
0.285	138973	5
0.290	177844	7
0.295	58703	3
0.300	147962	4
0.305	18620	2

Last trade - 15.42pm 06/05/2024 (20 minute delay)


Last 28.5¢			Change -0.005 ( 0.21 %)
Open	High		Low	Volume
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