GLN 5.56% 14.3¢ 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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Last
14.3¢
Change
0.008(5.56%)
Mkt cap ! $68.40M
Open High Low Value Volume
13.5¢ 14.3¢ 13.5¢ $103.6K 746.6K

Buyers (Bids)

No. Vol. Price($)
3 93185 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 221962 9
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Last trade - 12.44pm 20/08/2024 (20 minute delay) ?
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