GLN 3.70% 13.0¢ galan lithium limited

Moin cybershade,a nice find.Two things are remarkable: the...

  1. 320 Posts.
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    Moin cybershade,

    a nice find.Two things are remarkable:
    • the timing of the RIGI entry of Salta on the 15th, transaction on the 16th. rolleyes.png
    • 70m for 15% corresponds to a total project valuation of 466m. The following small overview provides a better understanding of the deal:

    https://hotcopper.com.au/data/attachments/6391/6391185-e805e64310b88cf280d11c5de0bec814.jpg

    Is Galan a little undervalued?
    Has the time for a financial agreement come closer? Closer than ever before?
    Is it to be expected that projects such as HMW or Candelas have attracted the interest of international investors?
    The estimated investment volume that could be generated by RIGI in Catamarca is US$ 7 billion.
    Is a residual CAPEX of approx.70 million for DFS 1 inappropriate?
    Should the Management Board have better refrained from investing continuously in recent times?
    Was the latest batch of linings ordered too early?
    Would Ganfeng be a desirable partner?
    Will Catamarca ever join the RIGI?
    Will Galan receive support from the provincial government?
    Will there ever be an increased demand for Li metal?

    Time will tell...

    Have a good start to the week
    smile.png
 
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Last
13.0¢
Change
-0.005(3.70%)
Mkt cap ! $68.40M
Open High Low Value Volume
14.0¢ 14.0¢ 13.0¢ $86.67K 640.9K

Buyers (Bids)

No. Vol. Price($)
10 383919 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 270195 17
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Last trade - 10.57am 19/08/2024 (20 minute delay) ?
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