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14.0¢ galan lithium limited

Ann: Galan Response to AFR Street Talk Article, page-124

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289 Posts.

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07/08/24

13:47

Post #: 75109016
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Originally posted by Bikesbeersfooty: ↑

Could those holders who think that management are planning to take Galan private, and/or sell the honey pot asset to EnergyX, please advise on what percentage of share holders vote is required to back that speculation? It would seem to be especially pertinent.

Also those suggesting a management conspiracy may be in motion, note that they have had this offer since July 11. On July18 Terry Gardiner spent $36751 on ordinary shares and GLNOB options, on market. It seems a frivolous waste of money if management is planning to fry holders in this EnergyX deal as you suggest. Don’t it ?

Personally I have no idea where this might go, but I see no substantial reasons to be calling anyone a dog (@Suni and others) based on the evidence so far. That shite sure won’t endear us holders to management if they do need to make hard decisions. Save it until it’s justified.

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For all it's worth -
In that recent presentation at diggers JP very briefly mentioned that DJ was working on something with news flow due in a few month's (5.17). I've only mentioned this as it was very brief, I almost missed it myself. Had to go back for another listen.

GLN Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
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