Hi CP, It’s not about the market price it is about the cost to produce. Yes prices are low, but that doesn’t affect the fundamentals. Fact number 1 - Everyone I thought knows, but maybe you need to do some more research, there is plenty available, Brine is cheaper to produce than hard rock. Fact number 2 - Everyone I thought knows, but again maybe do some more research, that GLN has the second highest graded (and lowest impurities) of any brine in the world. I agree with your point that whilst current management and board are in place there is a risk to developing this project, but that doesn’t change the fundamentals that GLN is a large, high quality, low impurities, low cost mine. As for the past two years, again which most of us know, funding has been the Achilles heal of this project. Hopefully next week, that problem is solved (for phase 1 at least). Of course I want GLN to turn the corner and make some money as yes I am bleeding, but at least from reading your posts, I think you are mixing up your points. I think we agree - market prices are low, but your mixing that up with the fundamentals of GLN along with the ability to deliver the project. That is three different topics.
- Forums
- ASX - By Stock
- GLN
- Ann: Trading Halt
GLN
galan lithium limited
Add to My Watchlist
15.4%
!
10.5¢

Ann: Trading Halt, page-135
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
10.5¢ |
Change
0.014(15.4%) |
Mkt cap ! $100.5M |
Open | High | Low | Value | Volume |
9.6¢ | 10.5¢ | 9.3¢ | $1.339M | 13.84M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 652929 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 257668 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 180000 | 0.100 |
1 | 100000 | 0.099 |
2 | 412000 | 0.098 |
1 | 20000 | 0.097 |
1 | 100000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 220414 | 5 |
0.110 | 1251450 | 21 |
0.115 | 956049 | 12 |
0.120 | 1228371 | 8 |
0.125 | 316681 | 6 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
Featured News
GLN (ASX) Chart |