GLN 0.00% 14.5¢ galan lithium limited

General Discussion Banter GLN, page-4945

  1. 34,339 Posts.
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    @coolgrace
    Daily movements are important only if you are day trading the stocks. Otherwise, the daily fluctuation can be ignored. There are too many effects influencing share price.
    For a better picture, just follow the sector performance especially neighbours including GXY and Livent.

    @Batcher1
    I don't think Tesla would buy Galan although Tesla acquired some lithium prospects in US.
    Tesla has a supply agreement with Livent, former KDR and PLL. So offtake agreement is not unlikely.

    Gangfeng/Hongze holds 18m GLN shares.
    If GLN could get a similar deal as LAC's project, Gangfeng to fund the project and less dilution for GLN, that would be my preference.

    EV sales in China and Europe are doing well. 2021 should be good for lithium stocks.

    ALL imo, GLTA.
 
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