GLN 8.70% 31.5¢ galan lithium limited

Exactly. I couldn’t understand the flagellating over the 4%...

  1. 461 Posts.
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    Exactly. I couldn’t understand the flagellating over the 4% royalty premium that allows for LiCl exportation. We should make multiples of that back selling on an open market.

    The Gln market cap is low to the point of absurd, $140m.
    The mc is half what it was 3 years ago, and since then we have built out nearly half of stage 1, are awaiting the imminent approval of stage 2, has approval to export LiCl, has a monster Proven resource, and a high quality technical team onboard.

    I guess the mc will stay low until finance is sorted for stage 1, buyers are wary of further credit raises and thus a lower sp.

    On a positive note, the doomsday crew have been quiet since Monday when the details of the suspension of the stock were revealed. Maybe after wringing their hands for a week they can no longer type, or they threw themselves in the river.
 
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31.5¢
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Mkt cap ! $130.1M
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35.0¢ 36.0¢ 31.0¢ $1.192M 3.558M

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No. Vol. Price($)
3 7065 31.5¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 20000 1
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Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
32.0¢
  Change
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35.5¢ 36.0¢ 31.0¢ 1997630
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