GLN 3.13% 16.5¢ galan lithium limited

Attractive entry point?, page-22

  1. 13,691 Posts.
    lightbulb Created with Sketch. 8303
    I think you missed my point.
    It was that if someone is so damn certain - as userxyz appears to be - that the sp will more than halve, then holding shares here is completely contradictory to that belief/ assertion.

    I am not saying that it cannot drop significantly further. Sure it could. But I won’t speak with certainty about it!

    I agree that the long term outlook remains strong.
    I bought here long long ago due to the resource.
    GLN haven’t “changed” the resource, but they have confirmed that there is indeed a heap of fantastic quality brine, that has significant value regardless of how well (or poorly) GLN go with their development pathway.

    I will add more if/when the sp gets a bit lower…
    It’s a long play for me… and I think that I can remain solvent for longer than the market remains irrational.
    Not advice.


    Imo
    Dyor
 
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