GLN 3.23% 15.0¢ galan lithium limited

Ann: Maiden Filling of Pond 1 Commences at Hombre Muerto West, page-5

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ANNOUNCEMENT SPONSORED BY PLUS500
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  1. 338 Posts.
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    Some key points from the announcement:
    • Operating cost of $US3510/t LCE equates to a low Li2O equivalent operating cost of SC6 $US310/t-350/t.
    • Updated resource estimate due in Q1 2024
    • Glencore due diligence site visit later this week.

    The announcement notes that while pond filling has commenced, the pond liner is only 40% complete. This is possible because, "[...] a buffer wall has been installed at the one third mark of Pond 1."
 
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