GLN 1.75% 28.0¢ galan lithium limited

Pretty hard not to be disappointed seeing 20% wiped off the...

  1. 2,201 Posts.
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    Pretty hard not to be disappointed seeing 20% wiped off the share price in a day. Terms and timing pretty shitty for a raise and CG buyers have shown themselves to be as slippery as a butchers prick as usual. Probably would’ve done better to allocate a higher % to the SPP as you’d find stickier hands with retail holders imo.

    Still, it’s the raise we had to have and lithium is in the pits so it was always going to get a bit ugly. For me the Glencore deal is still the main game and I’m focussed on that. Qtrly shows were full steam ahead on construction, so if we get full funding for phase 1 we’re home and hosed and todays action will be a distant memory.

    GLTA
 
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