GLN 3.57% 13.5¢ galan lithium limited

Ann: Notice of Annual General Meeting & Letter to Shareholders, page-6

  1. 739 Posts.
    lightbulb Created with Sketch. 141

    I get what you're concerned about here @ozfirstlady, although I feel this may be more a strategic move more so.

    I never thought I'd say this but debt funding even @ a soveriegn risk level; would be a far site cheaper than dilution & when you consider that JP alone would have the most to loose through dilution if that were to be the case, I believe this could be a leverage move!

    We already know there are atleast 2 parties currently in discussion with Galan as to a potential offtake. Let's say you can walk in to those discussions with a little more gusto & let your prospective parties know that you won't be easily heavy handedly bent over on the value chain. You need me more than I need you but how's about we become friends & you front some money otherwise we go it alone by tapping the market kind of scenario.

    My thoughts only but bugger me it's worth a shot...
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
-0.005(3.57%)
Mkt cap ! $69.67M
Open High Low Value Volume
13.5¢ 14.5¢ 13.5¢ $127.6K 923.8K

Buyers (Bids)

No. Vol. Price($)
11 718777 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 91283 6
View Market Depth
Last trade - 11.46am 16/08/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.