GLN 0.00% 14.5¢ galan lithium limited

General Discussion Banter GLN, page-9365

  1. 12,645 Posts.
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    thanks for that.

    Canaccord now puts a $3.40 price target.

    Petra Capital has a $3.75 price target.

    Both targets are significantly higher than the current share price!!

    How long will we stay under $2??


    i like this:

    If GLN's application is successful, given the scale of the pilot pond system (120 ha) it may be included in the total pond design of the full-scale HMW project, potentially shortening construction and production timelines. In addition, it will likely also allow GLN to sell meaningful volumes of lithium product into the market earlier than previously planned, bringing forward potential cash flows

    Also this:

    As announced last week, and outlined in our last research note (see HMW Resource grows >150% to 5.8Mt LCE), the HMW resource of 5.8Mt LCE at 866 Mg/L Li now ranks among the largest and highest grade brine projects globally. In addition, we believe the favourable chemistry (high Li concentration, low impurities) should be supportive of a relatively low cost production scenario, while the larger Resource/recent pump tests could see a larger production capacity than the 20ktpa project outlined in GLN's 2020 PEA
 
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