GLN 8.00% 11.5¢ galan lithium limited

Ann: Galan Secures Glencore Agreement For Offtake & Financing, page-134

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  1. 739 Posts.
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    Not sure if the following link from the West Australian will work but I found the following extract interesting, in particular the "Purple Patch"

    Galan scores offtake deal with mining giant Glencore | The West Australian

    Initial construction is expected to be completed by the final quarter of next year, with 6 per cent lithium chloride production expected to begin in the first half of 2025. Phase-two production is slated to begin in 2026, with anticipated cash flow from phase one going a long way towards funding the expansion.

    However, with the financing facility in play, Galan may be able to draw on that cash to potentially enable production and funding to be completed within a shorter time frame.

 
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