GLN 5.56% 17.0¢ galan lithium limited

They need to do more to explain why just they bought more...

  1. 205 Posts.
    lightbulb Created with Sketch. 184
    They need to do more to explain why just they bought more non-core assets (a clutch of small speculative exploration plays in Canada), when any other advanced development project in their position would be busy disposing of any non-core assets.

    Also didn’t they realise that the optics of a doing this via a related party transaction would be horrible?

    it would be good to get an update on Phase 1 funding, especially what is the level of demand for LiCl from other li producers in Argentina, where are these potential pre-payment providers in their evaluation process, and the likely timing of any funding announcement to complete Phase 1.




 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
-0.010(5.56%)
Mkt cap ! $80.57M
Open High Low Value Volume
17.5¢ 18.0¢ 16.5¢ $566.8K 3.303M

Buyers (Bids)

No. Vol. Price($)
16 983448 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 166825 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.