GLN 3.51% 29.5¢ galan lithium limited

Have you done engineering?,Not quite as simple as you suggest....

  1. 834 Posts.
    lightbulb Created with Sketch. 347
    Have you done engineering?,Not quite as simple as you suggest.

    Conventional hydroelectric depends on water falling to drive turbines. The Worley study produces 3MW from conventional hydroelectric - presumably processing facility is at a substantially lower RL to the brines. Possible.

    Using +ve pressure out of the well to drive hydroelectric is not something I've seen anywhere before. Have you? They are proposing 4MW will come from well pressure 1700psi. Will the well really sustain 1700psi over its life to justify the installation of the hydroelectric plants? Do they really want to interupt well flow with the inertia of turbines? Highly unlikely.

    ASN is one of the most imaginative brine companies I've come across. They have an equally unorthodox CEO and COO - a Sinophile trade commissioner and a labour politician.
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
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($)
1 1401 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 132962 5
View Market Depth
Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
Last
29.5¢
  Change
0.010 ( 3.51 %)
Open High Low Volume
28.5¢ 29.5¢ 28.0¢ 431650
Last updated 15.58pm 08/05/2024 ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.