GLN 0.00% 16.5¢ galan lithium limited

General Discussion Banter GLN, page-8878

  1. 375 Posts.
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    Here is an update of my Lithium list with the latest share prices as of yesterday. I have also added Atlantic Lithium (A11) and adjusted CXO for their $100m cap raise (which I was not expecting - I thought they were fully funded as reflected by the debt finance column being set to 100% - which means no further equity needs to be issued to get to production).

    GLN is still at the top of the list with a "% of PE (Diluted)" of 11.8%. This means that the current share price is 11.8% of what it should be in production assuming a PE ratio of 18 and a debt to equity ratio of 50% and a carbonate price of $18,594 US/t (these assumptions are shown in the columns below and vary slightly depending on the project).

    https://hotcopper.com.au/data/attachments/4724/4724694-d425b3ce2ce2acd2cd71398258750ca9.jpg


 
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