@horizon3 and others, before you go full conspiracy theory: I’ve said plenty of times before I like the company and think JP deserves a huge amount of credit for what he’s done. I’m simply pulling the announcement apart carefully because a lot of people seemed to have assumed finance was locked in but careful reading of the wording says that’s not the case (yet). Seems others can see it as well. If it’s all just me ‘downramping’ why did this gap up to 90c and then sell off >20%?
When the funding *is* secured, assuming these unknown CP’s are met, I think it’ll probably get a 100% re-rate, in my head to somewhere in the region of $400-500M. If you honestly think that’s ‘downramping’… maybe even HotClapper isn’t bullish enough for you
Ann: Galan Secures Glencore Agreement For Offtake & Financing, page-210
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Mkt cap ! $71.52M | |||
| Open | High | Low | Value | Volume |
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