Banter and General Comments, page-9089

Yep, Galaxy could replicate and ship whilst doing it.

In my mind thinking about all this, I can see a much better way forward for Alita holders than continuing how they have been.

Galaxy doesn't have any debt hanging over its head so where as other companies have offered stage 1, 2 , 3 etc.. but have not been able to execute and fullfill those agreements due to lack of funds, Galaxy could make those agreements and execute providing offtakers certainty of supply.

According to Mark Calderwood Galaxy own just under 4% of Cowan Lithium, and browsing the forum it seems to me that the investors are interested in being a listed company ASAP "or another event" as Mark Calderwood says.

Some notes I found courtesy of @CarrotGrunt and some snippets that I thought might be relevant to us. The entire post is worth reading and the link is at the bottom.

Q: What's the strategy moving forward, are we just trying to get Cowan listed so that we can raise some capital and do some drilling.

A: Mark Calderwood - Yes, Cowan has to have a listing or another event that allows it to get on with business.

Q: Is Galaxy getting some preferential interest in Cowan in this listing

A: Mark Calderwood - Nope, i haven’t actually spoken to them about this one. They are a shareholder in Cowan because they where are shareholder in Tawana before it was spun out. They are not a very big shareholder though at just under 4%. But they are a shareholder so obviously we would rather the shareholders put money in on a listing. Alliance is a shareholder as well.

Q: Galaxy’s Chairman seems to be indicating that A40 and Cowan are almost their company or giving that impression and the media seem to be making it seem that way as well.

A: Mark Calderwood - That's not quite the case at all. Alliance is Cowan’s biggest shareholder, i haven’t even discussed with the Alliance board yet whether they would be an underwriter of a float or something like that. Once we do the reconsolidation we can sit back and say what do we do next. Do we list it, do we do a small listing - not a very big capital raise, get some action on the ground, add some value.

https://hotcopper.com.au/threads/cowan-lithium-agm.4746853/page-68?post_id=38864408#.XViPiKl_X3A