very soon GLN will be in the Blue Cluster. that's because producers are valued very differently compared to explorers and developers. Producers will be valued using PE ratio OR EBITDA + growth. Livent is producing 20ktpa LCE and is valued at USD 3Bil now (galan is around USD 135m now)
some might point out that Argentina is in shambles, Argentina economy is terrible.
Livent is doing good there, so is Allkem and Posco recently Tecpetrol is also buying out Alpha Lithium, Rio Tinto bought into back a year or two ago, GanFeng is in Argentina with Lithium Argentina and they have their Mariana project and GanFeng will set up a battery factory in Jujuy.
So don't just listen to all the shit media is portraying. Look at the actions these Huge Corporation are taking. They have more great minds, influential power and wisdom than any retail investor here.
Also on the side note a good piece of Steak in Argentina is very affordable compared to many places around the world. Very affordable indeed so is Galan for now the fillet mignon of Hombre Muerto as JP puts it.
AIMHO, DYOR, GLTAH.
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Last
29.5¢ |
Change
0.010(3.51%) |
Mkt cap ! $121.8M |
Open | High | Low | Value | Volume |
28.5¢ | 29.5¢ | 28.0¢ | $423.1K | 1.461M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1401 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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30.0¢ | 132962 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1401 | 0.295 |
1 | 40000 | 0.290 |
3 | 190000 | 0.285 |
15 | 296851 | 0.280 |
11 | 282103 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 132962 | 5 |
0.310 | 52968 | 3 |
0.315 | 50000 | 1 |
0.320 | 50000 | 1 |
0.325 | 42174 | 1 |
Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
29.5¢ |
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Change
0.010 ( 3.51 %) |
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Open | High | Low | Volume | ||
28.5¢ | 29.5¢ | 28.0¢ | 431650 | ||
Last updated 15.58pm 08/05/2024 ? |
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