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16.7%

27.5¢ galan lithium limited

As Always 8Horse Brilliant !!!!! and I am sure very much...

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Marceau

410 Posts.

2

22/12/21

12:50

Post #: 58460673
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Originally posted by 8horse: ↑

I think GLN should head above $2 soon, it won't stay under $2 for long.
At $2/share, market cap is $588m with ~$60m cash.

Canaccord initial report gave GLN a price target at $2.60/share, then updated to $2.80/share based on lithium carbonate price of $US$15,000/ton and 10% discount rate. (Current spot lithium carbonate price is ~US$40,000/ton in China)

At lithium carbonate (battery grade) price US$18,594/ton, GLN's two Argentina projects post-tax NPV is US$2B (AUD$2.8B);

At lithium carbonate (battery grade) price US$23,500/ton, GLN's two Argentina projects post-tax NPV is US$3B (AUD$4.2B);

Current GLN enterprise value is ~$528m.

ALL IMO.
Wish allhave a prosperous New Year! 2022 should be better!

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As Always 8Horse Brilliant !!!!! and I am sure very much appreciated by all GLN holders

By the way, cant believe your name is still 8Horse...after all your hard work and quality analysis, surely a name "upgrade" to 888Horse or "Super8Horse" seems appropriate!?

All the very Best to you and your extended family and all GLN Holders

as JP would say in his native tongue....

Feliz Navidad y próspero año nuevo ... ¡Caramba 2022 va a ser MUCHOS GRANDE!!!!

GLN Price at posting: $1.83 Sentiment: Buy Disclosure: Held
15 Upvote

0 Great analysis

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(20min delay)
Last 27.5¢		Change -0.055(16.7%)		Mkt cap ! $113.5M

Open	High	Low	Value	Volume
31.0¢	31.5¢	26.5¢	$2.064M	7.309M

Buyers (Bids)

No.	Vol.	Price($)
15	183267	27.5¢

Sellers (Offers)

Price($)	Vol.	No.
28.0¢	293909	3

View Market Depth

No.	Vol.	Price($)
14	162267	0.275
18	446843	0.270
6	635300	0.265
13	146313	0.260
6	167820	0.255

Price($)	Vol.	No.
0.280	293909	3
0.285	187206	4
0.290	176391	7
0.295	185000	3
0.300	152968	2

Last trade - 16.10pm 01/05/2024 (20 minute delay)


Last 28.0¢			Change -0.055 ( 16.3 %)
Open	High		Low	Volume
31.0¢	31.5¢		26.5¢	4350070
Last updated 15.59pm 01/05/2024 ?

GLN (ASX) Chart

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