GLN 16.7% 12.5¢ galan lithium limited

General Discussion Banter GLN, page-9355

  1. 375 Posts.
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    @Riglife

    Yes. If we were valued like A11, on a resource basis, the Galan share price would be either $23 or $30 depending on whether you look at the Total Mineral Resource (including Inferred) or just the Indicated & Measured resources:
    https://hotcopper.com.au/data/attachments/4806/4806123-98e1cfcf0c905d4132733cc926516b0c.jpg

    These prices have been updated as of lunch time today. Interesting that Galan is still cheaper than LPI, on a resource basis, despite the share price increase in GLN and reduction in LPI over the past week. The only companies that give you more Lithium for your dollar are EMH and JRL (but these are not high grade resources) - and VUL if you include Inferred resources.

    ALL IMO DYOR

 
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