GLN 3.57% 13.5¢ galan lithium limited

This is beyond interesting IMO and thanks for sharing.$90m USD...

  1. 1,170 Posts.
    lightbulb Created with Sketch. 351
    This is beyond interesting IMO and thanks for sharing.

    $90m USD investment from a car manufacturer for exploration that might fund them up to DFS.

    This doesn't even guarantee supply, have permits or fund construction. It's essentially a $90m gamble.

    Again - based on our position and pathway to production in 2025, it's hard to fathom we don't have a serious offtake and prepayment in the works. This video just reinforces the likelihood.

    IMO a prepaid offtake could drop any day.
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
-0.005(3.57%)
Mkt cap ! $67.18M
Open High Low Value Volume
13.5¢ 14.5¢ 13.5¢ $235.7K 1.709M

Buyers (Bids)

No. Vol. Price($)
12 560643 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 38984 5
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.