They could state 'we have received an number of indicative financing offers from interested parties who have been subsequently shortlisted for further internal DD and progression to next the next phase of discussion'. 'These parties have access to the data room to conduct further DD'.
I've seen that wording in other developer announcements previously and not just lithium.
Maybe that is what is occurring. However my point is we don't know and the process or stage GLN are at and they put out vague updates. Dont get me wrong I would be very happy is all of a sudden they come out with a 'binding offtake finance deal for remaining project CAPEX'.
Who knows.... maybe that Glencore facility that never got mentioned again miraculously reappears!
Ann: Company Update, page-38
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.24M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $329.9K | 2.697M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 255983 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 121464 | 6 |
View Market Depth
| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |