"...banks/lending institutons would have been throwing money at Galan" yeah,nah. The appetite for banks to lend to junior mining startups does not exist. Throw in Argentina jurisdictional risk into the equation and you'd have the risk departments of any bank in fits of laughter. There are only 3x serious options for funding in this space: equity, off-take prepayment or predator finance. Option 3 often ends in complete disaster.
The company is definitely holding information tighter than normal (aside the leak to the AFR Wed.). From the info I do know I can say that the chances of this re-opening tomorrow are close to zero, TH-extension incoming (sans weekend miracle).
GLN Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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