GLN 9.09% 12.0¢ galan lithium limited

General Discussion Banter GLN, page-13772

  1. 729 Posts.
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    Yeah its because we started constructing the thing before we had the money to finish it. If I remember correctly last Q was something like $13m on construction costs.

    The glencore deal is not yet finalised, the board has a duty to ensure solvency so need cash soon, especially considering the time of year and the state of the market.

    Why get into this situation is a very good question!
 
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