GLN 7.14% 13.0¢ galan lithium limited

Ann: New High-Grade Lithium Discovery, page-118

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,038 Posts.
    lightbulb Created with Sketch. 89
    OK, the wording was maybe not at the best choice but I think you understand what @mattilla was talking about; I don't know what is on the p109 of DFS but I can reference the LPI ann on 21 Jan 2019 (reserve estimate and resource update) where on page 31 it is explained the porosity/drainable specific yield:
    https://hotcopper.com.au/data/attachments/1439/1439286-f03f39000ca81143c46a3b8707657f53.jpg


    The specific yield (Sy) which means how much brine is expected to be extracted from that specific unit is pretty aligned with what @mattilla
     said:
    clay - 0.02
    halite, gypsum - 0.04  (LPI upper halite 0.07)
    gravel - 0.15
    I don't see any major difference; just the wording not being technically exact.
    Last edited by GeForce: 14/02/19
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
-0.010(7.14%)
Mkt cap ! $60.50M
Open High Low Value Volume
13.5¢ 13.8¢ 13.0¢ $631.3K 4.692M

Buyers (Bids)

No. Vol. Price($)
25 1499109 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 1576447 8
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.