GLN 9.09% 12.0¢ galan lithium limited

Ann: HMW Concentrate Grade Increases by 25% to 6% Li, page-94

  1. 104 Posts.
    lightbulb Created with Sketch. 48
    bought $30k today, will continue to buy more

    with one of highest grade lithium deposits in the world, comparable to SQM - $6.6bn market cap, and ALB - $17.6bn
    HUGE resource
    LOW impurities
    backed by thematica and gangfeng (substantial holders)
    MD holds substantial amount of shares
    low SOI
    $15m cash in the bank
    pilot plant and studies up and coming
    revised NPV should be around closing in on $2BN

    there is substantial differences in comparisons to peers, how GLN is so undervalued truly baffles me.

    this will be a billion dollar company within 1-2 years IMO, unless bought out sooner, IMO for ~$500m, either way its an absolute no brainer at this market cap

    ~100m market cap makes aboslute no F'n sense.
 
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