GLN 4.35% 11.0¢ galan lithium limited

It’s just another cycle like 2017-2020. In the worst scenario,...

  1. 34,339 Posts.
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    It’s just another cycle like 2017-2020. In the worst scenario, next boom starts next year. PLS did drop to as low as 12.5c, now still 30 times higher.

    Slowdown in construction to preserve the cash is probably the best option, in my uneducated opinion, if can’t achieve financing HMW stage 1 in the best interest of shareholders.

    If put the projects on hold until lithium price recovering say next year, then avoid dilution, share price should rise substantially.

    Cashflow management is the key to avoid disaster.

    Even lithium bears are still bullish on long term outlook, say lithium price will bounce in 2026/27. The reality is usually happening earlier. So next lithium boom is likely to happen earlier, I guess it might be next half year, or the latest will be next year.

    all imo.
 
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Last
11.0¢
Change
-0.005(4.35%)
Mkt cap ! $55.73M
Open High Low Value Volume
11.0¢ 11.5¢ 10.5¢ $331.6K 3.024M

Buyers (Bids)

No. Vol. Price($)
14 804140 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 379713 5
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
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