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
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $40.51M |
Open | High | Low | Value | Volume |
19.5¢ | 20.5¢ | 19.0¢ | $73.87K | 383.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45959 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 64510 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45959 | 0.200 |
1 | 2700 | 0.195 |
3 | 87721 | 0.190 |
7 | 88786 | 0.185 |
4 | 60533 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 64510 | 2 |
0.215 | 4000 | 1 |
0.220 | 25400 | 2 |
0.225 | 32300 | 2 |
0.230 | 10000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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