GLN 3.03% 17.0¢ galan lithium limited

Ann: Notice of Annual General Meeting & Letter to Shareholders, page-6

  1. 739 Posts.
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    I get what you're concerned about here @ozfirstlady, although I feel this may be more a strategic move more so.

    I never thought I'd say this but debt funding even @ a soveriegn risk level; would be a far site cheaper than dilution & when you consider that JP alone would have the most to loose through dilution if that were to be the case, I believe this could be a leverage move!

    We already know there are atleast 2 parties currently in discussion with Galan as to a potential offtake. Let's say you can walk in to those discussions with a little more gusto & let your prospective parties know that you won't be easily heavy handedly bent over on the value chain. You need me more than I need you but how's about we become friends & you front some money otherwise we go it alone by tapping the market kind of scenario.

    My thoughts only but bugger me it's worth a shot...
 
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