GAL is an exciting play. Irrespective, I need to temper your enthusiasm. In order to prove up a reserve, and a bankable feasibility study (let alone funds to develop the mine and processing plant), will take many millions of dollars. Hundreds, if not billions, to be exact. Unless you have the financial means to participate in every cap raise that will happen over the next 5-10 years to prove it up, you will be diluted to smithereens.
Old adage, you need money to make money.
As exciting as this is, you need to ascertain whether this fits your investment profile, and financial means. If you have the funds to go along for the ride, minimise dilution by participating in raises, and this gets eventually to a mine, you will be well rewarded.
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Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.35M |
Open | High | Low | Value | Volume |
27.0¢ | 27.0¢ | 26.0¢ | $129.7K | 486.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21790 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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27.0¢ | 143912 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21790 | 0.265 |
6 | 239466 | 0.260 |
4 | 43221 | 0.255 |
11 | 159806 | 0.250 |
6 | 308984 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 143912 | 1 |
0.275 | 151801 | 4 |
0.285 | 166818 | 2 |
0.290 | 50592 | 2 |
0.295 | 262398 | 7 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
26.5¢ |
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Change
0.000 ( 1.85 %) |
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Open | High | Low | Volume | ||
26.5¢ | 27.0¢ | 26.5¢ | 170478 | ||
Last updated 15.59pm 05/06/2024 ? |
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