Sad fact it's a cash grab to temporarily plug the gap. Selling off these (most recently mentioned) quality assets with a wool over the eye attitude to stakeholders. $2M cash is a steal and good on GLN they must have seen LIT coming ! Then there's the share issue of roughly 1M which is a drop in the creek given market cap of GLN.
Now for the desire to "secure" lithium raw material(s) - really from this project ?? At best it's an exploration project with at best some many years to come about commercially (if at all). As we all know there is a huge fail, shelve it position around such ventures. Nah smoke and mirrors once again.
Ann: Binding Agreement for the sale of Greenbushes South Lithium, page-5
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.59M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $2.442K | 232.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 5504523 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 129952 | 2 |
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| Last trade - 15.08pm 22/07/2025 (20 minute delay) ? |
| LIT (ASX) Chart |