GLN 3.57% 13.5¢ galan lithium limited

General Discussion Banter GLN, page-14527

  1. 368 Posts.
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    I hope that GLN can be responsible to current shareholders and realise that the current environment is not conducive for capital raising and that they will have good capital management principles and wait for an improved lithium environment if the funding with Glencore does not happen.

    They started development on this project in better times thinking it was reasonable to expect funding to be available. The drop in lithium prices have taken a lot of people by surprise and not obtaining the funding now is not the end of the world, still a great project, just do not destroy the register to achieve a few months earlier production
    Last edited by merwej: 23/02/24
 
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