Australia's largest stock trading and investment forum Australia's #1 stock forum

GLN

Click for more information

4.35%

11.0¢ galan lithium limited

Ageee Paul.I think this fast to market product plan needs to be...

First 5146 Last

Share
Profile

Follow
AyDee

2,271 Posts.

253

20/03/22

10:24

Post #: 60299693
Share

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 .

Expand

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
13 Upvote

0 Great analysis

Reply

Top Stories

QML

QMines jumps +4.6% on drill hits boasting high copper grades

LGM

Legacy hits high-grade gold, silver and copper through drilling at NSW's Bauloora

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

SKC

SkyCity jumps 2% after copping A$3.6M fine from NZ High Court – far below AUSTRAC's fine

QXR

QX Resources increases US lithium footprint with key agreements

There are more pages in this discussion • 797 more messages in this thread...

First 5146 Last

Add GLN (ASX) to my watchlist

(20min delay)
Last 11.0¢		Change -0.005(4.35%)		Mkt cap ! $65.56M

Open	High	Low	Value	Volume
11.0¢	11.5¢	10.5¢	$156.7K	1.428M

Buyers (Bids)

No.	Vol.	Price($)
6	96005	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	877101	12

View Market Depth

No.	Vol.	Price($)
6	96005	0.110
21	669363	0.105
57	4642891	0.100
3	101303	0.099
2	330000	0.098

Price($)	Vol.	No.
0.115	877101	12
0.120	305987	5
0.125	441166	9
0.130	307500	5
0.135	983914	3

Last trade - 16.10pm 26/09/2024 (20 minute delay)

GLN (ASX) Chart