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22.0¢ galan lithium limited

Only a matter of time before Argentinian brine starts to...

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MuppetPastor

1,075 Posts.

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12/01/24

08:49

Post #: 71843026
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Originally posted by FFailings: ↑

It is interesting to note that the CEO of Canadian listed Lithium Chile , whose main asset is actually a 62% in a 3.3mt LCE resource on the Arizaro Salar in Salta, about 100km away from Hombre Meurto, talked openly in a video this morning about trying to sell the Company outright. The issue is spoken about numerous times in the video below, perhaps the best time on the video is around the 44m 10s mark. He also claims that their Arizaro project would have been sold earlier this year if it were not for the Canadian's Government stance against Chinese companies (18m 55s in video)

GLN has about 3 times equity lithium resource vs Lithium Chile yet is trading at less than 1.5 times the EV so i wouldn't understand why people would potentially pay up for the Lithium Chile when Galan is getting so cheap. Of most relevance for GLN:

///
14:45 is there M&A money left in the lithium market?
18:55 why is Lithium Chile not sold already?
24:30 how/when will they find a new potential buyer?
///
44:10 does selling the whole company even make sense now?

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Only a matter of time before Argentinian brine starts to shine......

GLN Price at posting: 61.0¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 22.0¢		Change 0.000(0.00%)		Mkt cap ! $104.0M

Open	High	Low	Value	Volume
22.0¢	22.0¢	22.0¢	$26.37K	119.8K

Buyers (Bids)

No.	Vol.	Price($)
1	100000	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	149006	8

View Market Depth

No.	Vol.	Price($)
1	26743	0.220
19	547696	0.215
26	732937	0.210
18	763622	0.205
34	835151	0.200

Price($)	Vol.	No.
0.225	107055	5
0.230	346426	8
0.235	319715	5
0.240	454573	16
0.245	363198	8

Last trade - 10.04am 05/06/2024 (20 minute delay)


Last 21.5¢			Change 0.000 ( 2.27 %)
Open	High		Low	Volume
22.0¢	22.5¢		21.5¢	115324
Last updated 10.28am 05/06/2024 ?

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