Ann: Galan to Raise up to $2 million, page-11

With permits for 14 DHs in the western tenements plus the 3 remaining at Candelas. Cash in the bank to continue drilling, research (pfs) and maiden Jorc resource. Gln are in a good position imo.
We all have our own calculations/speculation on what quantities the maiden Jorc will deliver, though even the pot stirrer’s (mostly non holders) low Li calculations equate to more than 25x the value of glns current MC.....
Just in the first drill campaign.

As much as I want the SP to go up to where it should be, I’d prefer Gln focus on making sure there’s enough cash in the bank and permits to continue drilling at this exceptional rate, good relationships with locals, good marketing presence and something that I’m interested in is having a foot in the door with ion exchange technology. That could be a complete game changer considering Glns High grade > Impurities.
If they get those things right, the SP will speak for itself.
Get it wrong and it will be a lot longer before any bags can be made in such a heavily manipulated sector.

Still looks to be the goods to me.

As demand, manufacturing and sentiment increases, our big neighbors will also be looking to increase their lion share/control of the market. There’s a lot more value in buying resources around you and utilising existing plant, supply chain, air strip, gas line, roads ect, than Decommissioning/ dismantling and relocating an entire mine.

Currently not a market to bag out overnight for the STs but imo this will go up very quickly when it does and reward those who held strong to their research.
If not, I might just cash out in the couple of tonne of Lithium I’ll be requiring for my mental health.