GLL
Click for more information
0.00% 2.3¢ galilee energy limited

The risk that these coal seams are connected to regional...

  1. GasBaron
    128 Posts.
    lightbulb Created with Sketch. 61
    clock Created with Sketch.
    05/02/23
    15:31
    Post #: 66079684
    The risk that these coal seams are connected to regional aquifers is one of the key reasons why the big companies have avoided this asset ever since AGL owned it, because - as we may be seeing - dewatering is then just an endless process.
    As soon one of those bigger companies believes GLL has shown that there is an end to the dewatering, they'll make an approach.

    Until then, they're happy to watch GLL spend its shareholders money on pumping!

    GLL Price at posting: 18.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Dominos looks tasty and tempting, but could be too spicy and even dicey
right-arrow Created with Sketch.
NEWS MiningNews Select Conference: Inflation and global shifts pose funding challenges for Aus miners
right-arrow Created with Sketch.
TSO Tesoro reports gold grading 173g/t in Chile, sending share price soaring
right-arrow Created with Sketch.
NEWS Hillcrest Partners with Ocean Batteries to Deploy ZVS Invert
right-arrow Created with Sketch.
NEWS From the Floor: Gold questions answered...
right-arrow Created with Sketch.
TLX Telix dips as pharma giant abandons US IPO for NASDAQ listing – despite record run
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GLL (ASX) to my watchlist
(20min delay)
Last
2.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $7.814M
Open High Low Value Volume
2.5¢ 2.5¢ 2.3¢ $3.524K 152.9K

Buyers (Bids)

No. Vol. Price($)
1 45000 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 712 1
View Market Depth
Last trade - 10.55am 19/06/2024 (20 minute delay) ?
GLL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.