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13.0¢ galan lithium limited

"40 for 40 at 400" Vision is REAL my friends....40ktpa for...

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ACO78

240 Posts.

70

15/09/21

11:27

Post #: 56077544
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Originally posted by 8horse: ↑

At $1.14/share, GLN's enterprise value is only $265m.

VUL's market cap reaches $1.7 billion.

Current lithium carbonate price is already over US$20,000/ton, sitting around USD$22,000/ton. Yesterday's PLS auction price, would imply lithium carbonate price to be around USD$30,000/ton.

GLN's HMW, fast tracking to the market, at 25,000 ton lithium carbonate per year for 40 years;

opex is only USD$3,518/t before optimisation, at USD$20,000/ton, HMW alone could generate USD$412m profit margin (EBITDA) for 40 years, that's about $365m net profit after tax per year for 40 years for HMW project alone.

Then Candelas, could be another 15,000 ton lithium carbonate per year for 25 years.

Greenbushes South project, 3km away from the world's largest hard rock mine, currently is given nil value.

WA hard rock deposits are currently valued at a big premium, LTR is approaching $3 billion now.

GLN has two proved projects in Argentina, Lithium Triangle, plus one hard rock project in WA, currently is only valued at around $265m, also has cash $65m upon completion the raise.

ALL IMO.

GLTA.

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"40 for 40 at 400" Vision is REAL my friends....

40ktpa for 40years generating ~$400mm pa EBITDA!!!

That there is a several billion dollar company at least should we last to deliver on this vision.....

I feel it in my bones that Galan will finally have it's overdue revaluation and suspect it just may be the imminent pump test that will be the catalyst...

GLN Price at posting: $1.14 Sentiment: Buy Disclosure: Held
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1 Great analysis

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