Basically, any future projects will have to wait and may never see the light of day.
Already many projects around the world are being mothballed due to their uneconomic status.
You don't have to be an einstein to predict a shortfall in the market in years to come is a very strong possibility.
The people behind Galan know what they have and know the value of the project going forward hence why.
they have stumped up big time.
Ann: HMW Phase 1 & 2 Unaffected by Provincial Court Ruling, page-26
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Last
12.5¢ |
Change
0.010(8.70%) |
Mkt cap ! $74.50M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.5¢ | $177.4K | 1.480M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28439 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 680357 | 8 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| GLN (ASX) Chart |