A merger of LLL with GLN could actually be very value accretive for both companies shareholders.
JP moves to Chair
Simon MD with a free reign to run his own show.
He knows the Salar from his GXY days. No one can deny he has delivered a project in Mali, On time and on budget under very difficult circumstances.
Unfortunately the wrong country to operate.
GLN/LLL A decent asset cash backed into production. LLL will likely have $600m+ AUD cash within 12 months plus a royalty stream.
COH today around $68m AUD
Just my musings.
A merger of LLL with GLN could actually be very value accretive...
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $71.52M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $266.6K | 2.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25960 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 281582 | 5 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| GLN (ASX) Chart |