Under the proposal, $50m Energy X means over 30% share holding.
Energy X market cap is just over $103m now with about 2300 share holders in the company website.
And co related future subsidies will have the assets in Argentina and $50m cash as project financing.
co related means Galan will be major shareholder of Energy X.
after that 40% profit from Argentina operation will be Galan's. (10% royalty+ 30% shareholding)
so it's not bad at the moment.
Galan can explore by $50m greenbush and Canada spodumene as well.
Under the proposal, $50m Energy X means over 30% share...
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Mkt cap ! $70.93M | |||
| Open | High | Low | Value | Volume |
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