Just my opinion DYOR
The way the EV and Lithium supply market is moving you have to get moving or you will get left behind OR taken over at an undervalued price.
My worry was that with ponding and with drilling holes they would burn through the money and be worrying about paying for the continuation OF WORKS.
Now at least they do not have the money issues. Having projects on two continents is fantastic but not cheap to run at the same time.
Galaxy had to get Greenbushes up and running and producing income to provide for SDV funding. Even when they had the $280m in the bank they were slow about moving ahead with SDV and over a few drinks I told Tony Tse exactly that when we were in Argentina.
Ann: Galan Completes A$50m Institutional Placement, page-91
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $75.78M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $123.0K | 796.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 1212893 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 25374 | 2 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |