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4.35%

22.0¢ galan lithium limited

Ann: Galan Signs Pivotal Commercial Agreement with Catamarca Govt, page-78

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22/04/24

13:20

Post #: 73456613
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Originally posted by spovend: ↑

This will NOT greatly impact the profitability of HMW, come on that’s just BS FUD….my read is the 7% only applies to export of chloride out of country..so the %LCE price terms for any exported chloride will need to offset the higher royalty vs the 3% charged on local sales or they will sell locally, so it is most likely a wash in the economics, certainly not a great impact to profitability. My expectation is they will receive a much higher %LCE price internationally given multiple existing conversion plants desperate for our chloride and that will more than offset the added 4% royalty….our Daniel knows what he is doing in this space..

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Desperate for chloride should mean our funding options are many and varied. Be nice to see this translate soon!

GLN Price at posting: 34.5¢ Sentiment: Hold Disclosure: Held
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Last 22.0¢		Change -0.010(4.35%)		Mkt cap ! $91.54M

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