GLN 0.00% 16.0¢ galan lithium limited

Ann: Galan Signs Pivotal Commercial Agreement with Catamarca Govt, page-185

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  1. 884 Posts.
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    Five and a half months after our "Glencore Agreement for Offtake and Financing Prepayment Facility" we are still in limbo. We continue to drive full steam ahead on construction (spending like a drunken sailor) whilst they seem to drag their heels, supposedly doing due diligence.

    Couple of questions, and I'm aware this will be largely conjecture and speculation:

    - What was Glencore's end game (ultimate goal) when they entered this process?

    - Has this changed in the last 5 1/2 months?

    - Are there any ways we can extricate ourselves from this sub-optimal position, largely of our own making?

    Welcome thoughts / views.

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