GLN 8.00% 13.5¢ galan lithium limited

Ann: Maiden Filling of Pond 1 Commences at Hombre Muerto West, page-32

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,083 Posts.
    lightbulb Created with Sketch. 643
    That's fair, but it's also fair to say that brines on average have lower opex costs than hard rock, this is even more true if you exclude Greenbushes. As a shareholder I'd be upset if Galan wasn't highlighting their expected advantages, even if it makes some dude on HC cringe a bit.

    Galan is also not doing something brand new in the industry and assuming they have low costs (Liontown?). This is a well tried way to mine lithium and short of something very left field, the costs should be roughly in line with other brine producers in the same area.
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.