GLN 2.94% 16.5¢ galan lithium limited

Ann: Extension of Voluntary Suspension, page-28

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    Maybe we'll get a Friday after hours special again.

    ANN: CHANGE OF GALAN STRATEGY

    Galan is pleased to announce that all Argentine permits have been cancelled and Glencore has withdrawn is binding offtake. Commenting on the changes JP says "while disapponting, this represents a once in a lifetime opportunity for us to dedicate all resources and focus onto Greenbushes and other minority investment decisions".

    "This was always our Plan B, and given the changes to legislation in the country, this is the perfect time for us to be focussing our world-class team elsewhere. We remain solidly funded via our clever ATM facility."

    "I wish to thank my dedicated team and complicit Board for all their support'
    Last edited by ResourceEagle: 19/04/24
 
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