GLN 3.57% 13.5¢ galan lithium limited

General Discussion Banter GLN, page-12777

  1. 1,170 Posts.
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    Regarding no announcements on offtakes - we should be more rational here. Step back for a moment.

    We have only just (weeks ago) sent our first samples to 6 possible buyers.

    If you’re entering a binding offtake with partial upfront payment (possibly in the $10's millions) - would you buy before you try?

    We're trying to arrange an upfront payment in parallel with our binding offtake. This is not a pointless MOU many of the other lithium juniors sign - aka sugar hits.

    This is serious business and no doubt we are balls deep in serious negotiation - pending results from first samples.

    We need to be patient and wait for the news on the samples and offtakes that will likely follow.
 
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