GLN 1.72% 14.3¢ galan lithium limited

General Discussion Banter GLN, page-10430

  1. 4,089 Posts.
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    The FUD crew are the Media / Analysts / Institutions that are currently spruiking lithium chemical pricing moving from $80/kg to ~$70/kg means the sky is falling down........ My post wasn't directed at your comment (Unless you consider yourself apart of that collective).

    I'll repeat my main point however as you have overlooked it, Lithium Chemicals pricing can retreat another 70% from where it is today and Galan (and our peers) would still be printing significant cashflow

    Feasibility Studies are completed with LoM assumption $ of US$17-24/kg. Current Spot of US$70/kg has a long way to come down and no the sky isn't falling, its expected !
 
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