Sounds like a realistic PT to me, obviously at Phase 2 21ktpa, they are going to be turning a few hundred mil of revenue, hard to say exactly how much as we don't know what the lithium price or LiCl price is going to be in 2026, but I mean you don't value a co under 300m mc for that.
And it's a pretty decent growth stock once they get into production, working their way up to 60ktpa in 2030.
Dunno what Gwaihir or the other critiques think this should be worth.
Also I keep seeing these concerns about funding, neither PMT or WC8 have the funding to get into production... And they are worth quite a lot more than GLN, WC8 is 4x more than GLN and PMT about 10x more...
To me it just seems like a bit of hate towards lithium brines.
Sounds like a realistic PT to me, obviously at Phase 2 21ktpa,...
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Last
34.0¢ |
Change
-0.005(1.45%) |
Mkt cap ! $144.5M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 33.5¢ | $618.7K | 1.773M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 51722 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 99692 | 5 |
View Market Depth
| Last trade - 13.02pm 10/05/2024 (20 minute delay) ? |
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Last
32.5¢ |
Change
-0.005 ( 6.66 %) |
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| Open | High | Low | Volume | ||
| 35.5¢ | 36.0¢ | 32.5¢ | 967092 | ||
| Last updated 13.25pm 10/05/2024 ? | |||||
| GLN (ASX) Chart |