As per my comment yesterday.
https://hotcopper.com.au/threads/ann-drilling-update.4669323/page-191?post_id=37734761#.XIggTcAzapo
Candelas is BIG...DH#1 has great brine (confirmed)...high probability Line 2 and 3 have close to the same amount...
THIS would produce a substantial JORC in itself...1.5M IMO...Candelas is THAT big.
The middle and the south?...if the have good brines means GLN is a monster.
If the don't, please don't assume GLN is a dud...that would be a big mistake IMO.
Plus, as JP said...the western tenement could be of equal size to others in the area and we KNOW there's brine there, as Livent IS the biggest and best in ARG.
NOW is the time to look at the pic below...look at ALL the data.
Is 1 bad hole (which we don't know yet for sure) worth the sell off? Or a buying opportunity?
I'm NOT going to try and sell you on either...what I'm AM TRYING to ask of you is THINK and look at the size of Candelas and HM. Is the SP a great opportunity or a sell?
I'll let you figure it out...I know what the downrampers will tell you to whole day...
If there's NO update...I'll only post a little bit.
Hopefully you make the right decision.
IMO
DYOR!!
(I'll be staring at this pic all day.)
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As per my comment yesterday....
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.50M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $446.5K | 3.612M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 297672 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 2808193 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.115 |
7 | 472031 | 0.110 |
11 | 947628 | 0.105 |
25 | 1490999 | 0.100 |
2 | 20000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 1573785 | 9 |
0.130 | 254710 | 7 |
0.135 | 293280 | 3 |
0.140 | 225541 | 3 |
0.145 | 344396 | 6 |
Last trade - 14.54pm 28/11/2024 (20 minute delay) ? |
GLN (ASX) Chart |