Things are starting to get interesting for Gln just as Li sentiment begins to rise. The micro cap sitting on land that comprises of very high grade, low impurity Li brines with one section alone (that we know from the Posco - Galaxy deal) has an insitu value of more than 3 x the current MC.
This is a gift horse imo. This land and country has been producing for 50+ years and Gln have landed on the cream.
For a cashed up and securely backed micro cap to have possibly the highest grade Li product amongst their peers that’s also easily retrievable, the abundance of experience, capabilities and luck that Gln are taking into the imminent EV revolution is a rather large market discrepancy.
Im taking today’s Ann as a ‘be patient’ and a heads up
Good luck to all, especially those who have watched this kickass MD and Aussie company since DMI.
Things are starting to get interesting for Gln just as Li...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $67.18M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.5¢ | 13.5¢ | $235.7K | 1.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 560643 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 38984 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |