Hi Mitso, hope you're well.
No calculations undertaken, just my thoughts based on Galan's MC and resources compared to peers and proximity to some of the industry's biggest players. Perhaps I shouldn't have put a figure on it, maybe just that expect it to go several bags from here (pretty sure we all think that).
I feel that we're well undervalued at this point in time and have many catalysts (resource upgrades, offtakes, potential JVs etc) in the next few years to drive the price far higher.
Cheers
Compelling opportunity, page-5485
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $116.6M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $666.3K | 4.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 644360 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 104536 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |