GLN 3.03% 17.0¢ galan lithium limited

Big congratulations to all holders. Heartiest congratulations to...

  1. 30 Posts.
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    Big congratulations to all holders. Heartiest congratulations to JP and the entire team. This development is truly transformative for the company - it's a massive derisking event and a company maker.JP didn't pull a rabbit out of the hat... rather, he pulled an elephant. The strategic alignment with Glencore underscores the efficacy of Galan's overarching strategy and confirms the viability of the LiCl pathway.

    A standing ovation is due to Daniel Jiminez, whom I perceive as the mastermind and architect behind this pivotal deal. Without DJ's wealth of experience and extensive network, securing both the commitment of this global powerhouse for our product and a substantial prepayment ranging from $70 -100m would have been a formidable challenge. Such a sizable prepayment arrangement is notably rare in recent memory.

    Also...one might anticipate that GanFeng could soon experience a sense of FOMO, prompting a potential bidding war for the phase 2 offtake.

    This is the beginning of a rerating I believe.

    https://hotcopper.com.au/data/attachments/5740/5740484-a101d7dd6094af678fee57ea310a17aa.jpg
 
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