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12.5¢ galan lithium limited

nice work mattilla

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rjohnson1234

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15/03/19

21:18

Post #: 37780855
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Originally posted by mattilla ↑

Well it ain’t over till the fat... person... sings.

Nothing wrong with folks who’ve banked some profit and de risked themselves. I did too as I mentioned.

But at the current price surely this is still a bargain. Hole 1 has excellent results, and if you put a 2km square around that alone it’s probably a 250kT resource. If you believe AGY then that’s more than enough to set up a producing project. And we have double the grade. The you have Pata Pila and Rana del Sal, which are likely to have similar a similar sized resource each.

So as an absolute baseline you’ve got a resource to work with (3 actually) so anything additional to that in Candelas now is a bonus.

I expect hole 2 will be finished up in the next week or so. With luck we find some brine at depth. Otherwise I’m expecting mgmt to head north with the drill to figure out what’s changed between hole 1 and hole 2, because result have not been what’s expected - more than anything I think the “unknown” factor has spooked the market.

Hopefully we get some communication soon about what’s been found, what our latest understanding of Candelas is, and what the plan is to move forward.

I still challenge anyone to find a better brine spec on the ASX.

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nice work mattilla

GLN Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.5¢		Change 0.000(0.00%)		Mkt cap ! $60.50M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	12300	15.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	482107	5

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 - 09.02am 28/11/2024 (20 minute delay)

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