I think it would proivide support to the share price if JP announces a slow down in production until finance has been sorted out. If finance does not work out that GLN will have enough cash to see it through this lithium cycle without further capital raises. A few months of waiting is not the end of the world, but ending up with 100's of millions of additional shares just to be producing e few months earl;ier does not make sense. All imo off course.
Ann: $19.5m Raising to Fund Ongoing Development of HMW Phase 1, page-61
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15.0¢ |
Change
0.020(15.4%) |
Mkt cap ! $73.34M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 17.5¢ | 11.5¢ | $2.713M | 18.20M |
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| No. | Vol. | Price($) |
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| 2 | 118000 | 16.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 2660 | 2 |
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| GLN (ASX) Chart |