Ann: Maiden Filling of Pond 1 Commences at Hombre Muerto West, page-17

Glencore signed a binding 5 year O/T deal for stage 1. Looking objectively at it, that means they are serious about the lithium commodity. It follows they are in it for a decent period, hence commitment for 5 years, thus being a big corporation that does long term planning, it’s hard to see them being deflected from the plan by momentary Lithium prices.
It again follows that provided Galan tick the boxes they will stick to their plan and stump up the prepayment.
Sure I’m biased, but this isn’t a flaky small cap we are dealing with, it’s a massive miner with global operations that plans decades ahead.
In a market where finance is getting tough, Galan should be ok and producing into a really good strong 2025.