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8.70%

12.5¢ galan lithium limited

Can't combine HMW and Candelas - they are separate projects - so...

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ResourceEagle

991 Posts.

380

23/06/22

16:30

Post #: 62167588
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Originally posted by HOOPZ: ↑

Here is my updated Lithium spreadsheet based on the share prices as of yesterday. It is sorted by the 3rd last column which is the current SP as a % of the potential SP (once in production) based on an assumed PE Ratio (influenced by mine life). This column takes into account equity dilution which needs to occur to finance the projects through to production (it assumes that equity is issued at the current share price which is a conservative approach) - projects with a high capex are penalised as a result.

GLN is still sitting in No 3 spot in terms of value (or No 1 spot if you disregard low grade resources). CXO and LKE still sitting towards the bottom despite the events over the past few days. Always worth understanding how your stock compares to its peers in terms of EV to NPV and projected MC based on a reasonable PE multiple. As we have seen over the past few days, the market seems to iron out these imbalances eventually.

Note: I haven't updated the SOI in a number of months but this should have a fairly minor impact in most cases.

Not Financial Advice - ALL IMO DYOR.

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Can't combine HMW and Candelas - they are separate projects - so the CAPEX number is misleadingly high.

GLN Price at posting: 98.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.5¢		Change 0.010(8.70%)		Mkt cap ! $74.50M

Open	High	Low	Value	Volume
11.5¢	12.5¢	11.5¢	$177.4K	1.480M

Buyers (Bids)

No.	Vol.	Price($)
2	28439	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	680357	8

View Market Depth

No.	Vol.	Price($)
2	28439	0.120
9	173782	0.115
20	1050586	0.110
25	1599983	0.105
59	3926990	0.100

Price($)	Vol.	No.
0.125	680357	8
0.130	549604	13
0.135	983914	3
0.140	133258	4
0.145	124000	3

Last trade - 16.10pm 02/10/2024 (20 minute delay)

GLN (ASX) Chart