GAL - If its northern drilling delivers more hits AND positive assays
GAL: Drilling out a PGE discovery
Current Market Cap: $224M
Days since Portfolio Initiation: 957 days
Performance since Initial Entry Price: +409%
Performance since Jan 1 2022: +449%
Commentary - GAL is already up 449% in 2022 and has a strong lead to be the best performer.
GAL already made a discovery which re-rated it upwards, but it also recently announced more new potential discoveries (assays pending) in different locations showing that there is a lot more potential across another 5km of ground
Two rigs are now drilling, there is a backlog of assays to come before Christmas and lots of scout drilling going on to potentially find extensions or new systems - a couple of excellent results could crown GAL as our top performer for 2022 and hopefully hit that 1,000% rise.
We also note that the $1.20 placement from July has had plenty of time to be digested, which is usually a precursor to a re-rate higher.
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.60M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $3.567K | 22.12K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 93441 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 4436 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93441 | 0.160 |
3 | 87139 | 0.155 |
5 | 34080 | 0.150 |
4 | 167309 | 0.105 |
1 | 40000 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 4436 | 1 |
0.170 | 43012 | 2 |
0.175 | 20000 | 1 |
0.180 | 80790 | 2 |
0.185 | 79998 | 1 |
Last trade - 14.07pm 18/09/2024 (20 minute delay) ? |
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GAL (ASX) Chart |