GLN 0.00% 12.5¢ galan lithium limited

General Discussion Banter GLN, page-1653

  1. 1,696 Posts.
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    Some good action lately!

    Feel a bit funny about it though, perhaps just a bit of déjà vu...
    Good to remember that this is a loooong road... Production would ultimately be great - but production at any decent volume will be 5 years plus from here I would think...?
    And I know that it's nice to do the value comparo with the POSCO deal, but it's not quite that simple imo - just have a look at the value that the market (and analysts) attribute for SDV to Galaxy for example... Very very little unfortunately.. Strange.

    Not to put a downer on any of the great progress etc here, and I am still confident that we have plenty of MC growth to go as we define the resource.. Just be wary of rocketship photos and intense ramping while some "big"retail holders cash out their millions. No offence meant to any of them, and thanks to them and others for sharing their research! It can (/will) get a bit overboard here, but I guess that's all part of the excitement and in some ways part of the plan.

    For what it's worth I do think we will push through several bags from here this year as the excitement builds, aligning nicely with sector sentiment turning around, but then there will likely (imo) be a massive retrace as the reality of the long road to commercial ops sets in. If we get that far of course! Perhaps someone might want in and make an offer along the way. Time will tell.

    In any case, plenty of money to be made from here I think..
    Good luck to all and well done for spotting a great opportunity early, it's looking the goods so far and still cheap imo.
 
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