GLN 4.35% 11.0¢ galan lithium limited

General Discussion Banter GLN, page-15855

  1. 563 Posts.
    lightbulb Created with Sketch. 227
    According to DFS1 the first two years of output from stage 1 is 4250T each year , followed by 5400 in years 3-5, as described -

    “The operation of the evaporation ponds for producing lithium chloride concentrate has a long-term Lirecovery of 66.7%, but in the first two years, due to the accumulation of operational ‘working capital’(salt and brine inventory in ponds) during the ramp-up period, the Li recovery is 52.7%, which explainsthe lower production of 4,249 tonnes of recoverable LCE in years 2025 and 2026.”

    So, does that mean all ponds are built currently and output is held at 4kT/pa or some number less are built and somehow output recoverable output is 67% straight up ?
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.