They (GLN) compromised massively in order to get into some sort of production.
Their brine is relatively great quality.
It highlights the difficulty of developing a BG chemicals business around a brine resource.
If it were as easy as some here like to proclaim, then they would easily get funding and build a plant to produce the chemicals, and not hand profits to multiple third parties.
Reality tells a different story.
(Disclaimer: long time GLN holder)
They (GLN) compromised massively in order to get into some sort...
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Last
9.1¢ |
Change
0.004(4.60%) |
Mkt cap ! $132.4M | |||
| Open | High | Low | Value | Volume |
| 8.7¢ | 9.2¢ | 8.7¢ | $141.4K | 1.578M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 68967 | 8.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 9502 | 2 |
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| Last trade - 11.40am 18/06/2024 (20 minute delay) ? |
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Last
9.1¢ |
Change
0.004 ( 3.41 %) |
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| Open | High | Low | Volume | ||
| 8.8¢ | 9.3¢ | 8.8¢ | 489717 | ||
| Last updated 11.40am 18/06/2024 ? | |||||
| AGY (ASX) Chart |