GLN 4.17% 12.5¢ galan lithium limited

They could state 'we have received an number of indicative...

  1. 507 Posts.
    lightbulb Created with Sketch. 105
    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!
    Last edited by samthebatman: Today, 10:45
 
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