On page 10 it is also mentioned that Phase 2 DFS will be released in September - hopefully it happens next week!!
It was a nice day though for Galan - finally some green!
I am not sure anymore what will be required to move the SP significantly North again - I was very surprised to see this below $1 when it happened. And from there it nearly halved again, wow!
I am still a big believer in the overall Galan story - quite a bit of pressure from Chines spot pricing - I don't understand how that can have such an impact across the whole sector.
at the moment.
I am hopeful that in 12+ months time we are closer again to ATH.
OT and Phase 1 financing will hopefully make the Galan story more appealing again.
Good luck to all holders and DYOR.
Ann: Annual Report 30 June 2023, page-3
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