Just went through this announcement again and I'm also bewildered as to what new information is being announced here. The 30 November 2021 Candelas PEA said this:
“The Candelas Lithium Project consists of numerous licenses located in Catamarca Province, Argentina. The tenements are owned by Blue Sky Lithium Pty Ltd (‘Blue Sky’). The Company and Blue Sky executed a Share Sale Agreement whereby Galan Lithium Limited purchased 100% of the issued share capital of Blue Sky.”
and,
“Galan now has a solid commercial base to move forward with a clean, proven, low tech and low energy solution with no JV or non-statutory royalties involved.”
Provincial royalty estimates by Galan in the PFS were 3%.
So what changed - what is new here? @paulgf any ideas?
Ann: Galan Move to 100% Title of Candelas Project, page-46
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