Topped up at $0.30.
Bought down by sector weakness amidst low volume. At $0.30, the market cap is only about $62m which is very undervalued relative to its potential economics or to peers.
As what JP has mentioned before, we have 2.3MT LCE resource at 946mg/l Li. If GLN converts 50% to reserves, we will have 1.15MT.
if GLN begins with a modest operation of 20kt LCE per annum, HMW will have mine life of over 50 years!
Dont forget that this is one of the highest (if not the highest) grade brine project in the world.
Topped up at $0.30. Bought down by sector weakness amidst low...
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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 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| GLN (ASX) Chart |