GLN 0.00% 14.0¢ galan lithium limited

Ann: Drilling Update, page-41

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. 35 Posts.
    lightbulb Created with Sketch. 18
    My guess is that JP and the team wants to understand the geophysics of the area, map out where most of the lithium brine is so that they would be able to plan for the most optimal drill site. I suspect hole 2 was specifically chosen to "test the boundary" so to say. In any projects, you would want to define what they best optimal paths, where are the boundaries. Sounds like hole2 is exactly just testing, determining where the "boundary" would likely be.

    I look forward to hole 3, and if it is nearly as good as hole 1, that's pretty much a company starter, like what JP said in the AGM.

    Just my 2 cents.
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.000(0.00%)
Mkt cap ! $60.50M
Open High Low Value Volume
14.0¢ 14.5¢ 13.5¢ $232.3K 1.669M

Buyers (Bids)

No. Vol. Price($)
23 2178553 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 746751 10
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.