GLN 0.00% 13.0¢ galan lithium limited

Anyone else think this could 5 bag or even 10 bag in the long...

  1. 33 Posts.
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    Anyone else think this could 5 bag or even 10 bag in the long run?
    HMW has highest brine grade of any junior. Brines are low on the cost curve.
    Phase 2 NPV at 20 kt LCE/yr is roughly 2 billion US dollars.
    In the long-term there's potential for 60 kt LCE/yr so a NPV of approximately 6 billion!!
    Market cap doesn't reflect that at all.

    Solid state batteries are coming and those will need lithium metal which is produced from lithium chloride.

    Still a long ways to go, but I'm hopeful.
    The lithium price has likely bottomed. CATL shutting down lepidolite mines.
    There should be a price rebound by next year.

    Any thoughts? Thinking this could double once Chemphys MOU becomes binding
    and Phase 2 approvals come through. Once Phase 2 approval happens, thinking Galan could have more presales.
 
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Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
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