GLN 5.00% 28.5¢ galan lithium limited

General Discussion Banter GLN, page-108

  1. 1,046 Posts.
    lightbulb Created with Sketch. 90
    I made some calculations this morning regarding the EV car sales and estimates and it looks great for Li sector:

    Column 1 Column 2 Column 3 Column 4 Column 5
    0 Year Cars/Year LCE kg/car LCE t/year  
    1 2017 1,250,000 50    62,500   t LCE
    2 2018 2,000,000 50 100,000   t LCE
    3 2019 3,000,000 50 150,000   t LCE
    4 2020 4,250,000 50 212,500   t LCE
    5 2021 5,750,000 50 287,500   t LCE
    6 2022 7,500,000 50 375,000   t LCE
    7 2023 9,500,000 50 475,000   t LCE
    8 2024    11,750,000 50 587,500   t LCE
    9 2025    14,250,000 50 712,500   t LCE


    The numbers at the start of the table (2017 and 2018) are based on the latest released numbers and the fact that we just reached 4mil cars and the last million was done in last 6 months with the previous one in 8 months.

    Few other sources matching my calculations as well:
    - China's "Air Pollution Action Plan" to reach 2 mil EV cars sales for 2020 (menione in Bloomberg news)
    https://www.bloomberg.com/news/feat...-quieter-megacity-thanks-to-electric-vehicles
    - MarketWatch estimates battery market will reach 69 billion US$ by 2022
    https://www.marketwatch.com/press-r...ket-to-touch-us-69-billion-by-2022-2018-09-02
    - Bloomberg mentioned the global Li-Ion battery requirement for 2030 is estimated for 1200-1400 GWh
    https://cleantechnica.com/2018/05/0...ls-mina-do-barroso-lithium-reserve-estimates/
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
28.5¢
Change
-0.015(5.00%)
Mkt cap ! $117.7M
Open High Low Value Volume
29.0¢ 30.5¢ 28.5¢ $448.9K 1.544M

Buyers (Bids)

No. Vol. Price($)
25 928735 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 57923 6
View Market Depth
Last trade - 15.06pm 15/05/2024 (20 minute delay) ?
Last
29.0¢
  Change
-0.015 ( 3.97 %)
Open High Low Volume
29.5¢ 29.5¢ 28.5¢ 525977
Last updated 15.25pm 15/05/2024 ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.