GLN 9.09% 12.0¢ galan lithium limited

General Discussion Banter GLN, page-10595

  1. 3,288 Posts.
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    I hope you are right. $3 would seem a let down to most holders I think. The quality of the resource, size and grade - I would be expecting the valuation to be more like $6 or $7 in my books. That is only $1.5B-$2B valuation. That would seem reasonable given how many tonnes of lithium carbonate could be produced from the resource.

    I guess we are only speculating. However the board would be under a lot of pressure if a $3 of $4 offer came because it is hard to deny an offer that could be double the current market price at the time.
    Last edited by Suni: 18/01/23
 
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1 50000 11.5¢
 

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12.5¢ 1573785 9
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