GLN 0.00% 14.5¢ galan lithium limited

Ann: Trading Halt, page-60

  1. 143 Posts.
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    It shows unbelievable abnormal stupidity of the management. Just want to know why: cost of breaking binding off-take agreement with Glencore, cost of stopping construction and on-going maintenance of unfinished ponds and campus, under table conditional agreements with local governments ... ?

    The problem is GLN has to do at least 10 more rounds of CRs to self fund the tiny 5.4K project. Sad about what SP will be!
 
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