GLN 8.70% 12.5¢ galan lithium limited

General Discussion Banter GLN, page-7750

  1. 4,089 Posts.
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    I do feel for the $LKE holders (Never enjoy seeing people lose money), but certainly don't feel for the company

    Nothing that is coming to light now is anything that experienced mining investors didn't already know IMO

    - Lake is still drilling & pump testing at Kachi today
    - They are aiming for a resource upgrade next Qtr
    - They haven't started their Pilot Plant yet

    Most Importantly, until the above is complete and results come back, they won't be in a position to feed those numbers into a credible feasibility study until the end of the year LOL

    All the BS + Marketing Spin from Silver Tongue that $LKE was the next producer & miles ahead of its South American Peers ROFL

    Turns out that Galan is on track to release a DFS at the same point in time !!!
 
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