An intriguing announcement indeed!
When first reading the announcement, I had the sort of feeling of GLencore stuff failure. But I wonder what strategic purpose JP envisions in utilizing this particular financing facility, If Glencore will not go ahead. At the current share price level, the available facility would cap its provision for GLN at a maximum of A$6 million, which may not significantly alleviate GLN's needs.
Time will tell.
- Forums
- ASX - By Stock
- GLN
- Ann: Galan Secures $15m ATM Funding Facility
Ann: Galan Secures $15m ATM Funding Facility, page-32
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add GLN (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $68.54M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.0¢ | $197.6K | 1.702M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 92994 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 269000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 92994 | 0.115 |
23 | 1457679 | 0.110 |
24 | 1921287 | 0.105 |
57 | 3690642 | 0.100 |
4 | 131111 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 269000 | 4 |
0.125 | 441061 | 7 |
0.130 | 500900 | 13 |
0.135 | 1008914 | 4 |
0.140 | 133258 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
GLN (ASX) Chart |