General Discussion Banter GLN, page-11188

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Joseph1189

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08/03/23

16:58

Post #: 66663238
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Originally posted by HOOPZ: ↑

No problem Paul. Here the bubbles are placed on the x axis based on the "kg of LCE per dollar invested" - keep in mind this is actually M&I divided by EV (not the other way around like you stated but hopefully this is what you meant) - technically I should probably use MC rather than EV as any cash on the books becomes dilutive when considering resource bang for your buck - but I've leave this for another day. The size of the bubbles reflect M&I LCE as per the legend in the top right corner, on a prorated basis. Again, the x axis is on a logarithmic scale (to make it easier to fit everything in) which is slightly deceptive as the difference between the "value" as you move from left to right is larger than what it appears in the chart - i.e. every vertical grid line as you move from left to right represents a doubling of bang for your buck which is not what the typical reader will understand at 1st glance.

Here is the same chart but with a linear scale. It's a bit squishy but it's actually not too bad. However, I have had to really cut down the information contained in the labels. In this version you can really see how far LPI and GLN are ahead of the market in terms of bang for your buck of high grade resource. The slightly transparent (faded) bubbles in the middle show what the market is willing to pay for these assets in terms of M&A activity - which is basically 4 times what we are currently valued at on the ASX (i.e. Galaxy, Rincon, and Neo were hovering around 4 to 5 kg of LCE per dollar whereas Galan is currently at 16kg per dollar - and set to expand further).

Let me know if you want me to try anything else.

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LOVE THIS MATE!!!!

GLN Price at posting: $1.16 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $93.95M

Open	High	Low	Value	Volume
12.5¢	13.0¢	12.5¢	$914.5K	7.297M

Buyers (Bids)

No.	Vol.	Price($)
6	713831	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	2316813	12

View Market Depth

No.	Vol.	Price($)
5	694000	0.125
40	2311729	0.120
13	3625328	0.115
36	1595377	0.110
33	1580449	0.105

Price($)	Vol.	No.
0.130	1320943	11
0.135	864841	11
0.140	736189	13
0.145	746265	10
0.150	371819	5

Last trade - 16.10pm 18/10/2024 (20 minute delay)

GLN (ASX) Chart

General Discussion Banter GLN, page-11188

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General Discussion Banter GLN, page-11188

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