Not expecting anything new in Quarterly due this morning, likely just a rehash of the excellent Phase 2 DFS, but I am very keen to see cash balance and how prudent Galan has been with spend the last 3mo, while of course maintaining construction schedule….don’t want to see anywhere near a Lake $10M admin/corporate quarterly spend debacle (FYI that is a borderline criminal spend level over at Lake - obviously a lifestyle co now for all the Chiefs, SVPs, VPs, Heads Lake have hired)...Anyway, given JPs tight control of spend (sometimes I wish he’d spend more), I’m expecting a decent remaining cash balance to keep us well funded and the pond construction on track until offtake/funding negotiations concluded (hopefully soon)…
Not expecting anything new in Quarterly due this morning, likely...
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| Last updated 14.50pm 07/06/2024 ? | |||||
| GLN (ASX) Chart |