GLN 2.56% 19.0¢ galan lithium limited

General Discussion Banter GLN, page-240

  1. 6,892 Posts.
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    For those that don't understand the ARG Peso issue or ARG government risks...
    The news of the last 2 months is a POSITIVE, NOT a negative.

    GLN is in a GREAT spot going forward, as it would be paying it's OPEX in USD.


    IMO
    DYOR!!


    https://hotcopper.com.au/threads/ho...615954/page-870?post_id=35763464#.W6ckNNdKjIU

    There have been some serious currency and tax changes in the country but bear in mind that the company pays its expenses in USD, so a big devaluation of the peso is helpful. The peso is down 50% against the USD in 2018. All still looks on track.
 
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