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2.17%

22.5¢ galan lithium limited

Compelling opportunity, page-5146

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AyDee

2,237 Posts.

243

20/03/22

10:24

Post #: 60299693
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Originally posted by paulgf: ↑

And a final thought , that’s probably maybe why our price is lagging others like lake because the market is struggling to put a value on us with this proposed proffered chloride route to market .

Getting this out there may really drive the price up if people can see it’s still got likely a high profit margin but with a much lower risk to market . The market then can also start making informed guesses on how much profit and capex this project can save in the early years and hence self fund the battery chemical process down the track through early year profits . Maybe possible to get to a fully operational battery grade plant by say 2028 -2030 but have bugger all dilution in getting there if we can play this strategy right . But right now trying to value that in the share price is impossible .

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Ageee Paul.
I think this fast to market product plan needs to be made clear sooner than later.

In saying that, I think they're working on exactly this atm.

I'm personally anticipating solid news soon.

GLN Price at posting: $1.50 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 22.5¢		Change -0.005(2.17%)		Mkt cap ! $95.70M

Open	High	Low	Value	Volume
22.5¢	23.0¢	22.0¢	$500.0K	2.243M

Buyers (Bids)

No.	Vol.	Price($)
5	191174	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	163683	7

View Market Depth

No.	Vol.	Price($)
4	221174	0.220
17	381571	0.215
25	907563	0.210
18	648435	0.205
29	744561	0.200

Price($)	Vol.	No.
0.225	197737	8
0.230	399622	11
0.235	390366	7
0.240	502052	10
0.245	258676	6

Last trade - 10.41am 27/05/2024 (20 minute delay)


Last 22.0¢			Change -0.005 ( 2.40 %)
Open	High		Low	Volume
22.5¢	22.5¢		22.0¢	673284
Last updated 10.53am 27/05/2024 ?

GLN (ASX) Chart