GLN 0.00% 12.5¢ galan lithium limited

All good chb. Bloody tough market all round. Li stocks even...

  1. 3,324 Posts.
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    All good chb. Bloody tough market all round. Li stocks even worse.

    PLS sells $120mill of product and drops 10% .. It leaves little hope for non producers for the next few months. I am sure you know as well as I do the Morgan stanley oversupply crap is all about giving the top end of town a cheap entry!

    As I said previously, we might as well use the predictable li market decline to our advantage and gain a few more shares along the way. GLN can just stick to the task at hand, work towards producing the chloride and making cash. It seems the market atm is more concerned with how a li companies makes its dollars E.g Li carb as opposed to the dollars the company WILL make because we know GLN has a clear pathway to revenue. No tricks or gimmicks, just producing for a profit.

    5.5MT @ high grade and a MC $330 mill ... It seems Mr. Market is throwing in a few extra bags for those with a clear vision
 
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