GLN galan lithium limited

I missed you too.For the record, my take on things has been...

  1. 3,447 Posts.
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    I missed you too.


    For the record, my take on things has been consistent, apart from the “they’re taking it private” comment, I got that one wrong and always admitted it!
    Maybe consider being honest about your own narrative? It helps with credibility.


    > While you were saying management had gone dark and were just playing cards, they were actually working on a deal to get us funded through to production — with major derisking via a strategic partner who would finance, build, and operate the plant.



    That’s one way to see it.

    The way I see it: after months of inactivity and mixed signals, they were approached with a rushed deal that benefits almost no one (de-risking haha, let's see) but they had little choice but to accept it. It’s a full 180° from their original plan, likely just trying to salvage what they can.


    And even then, it’s far from done. They still need to raise a lot more. The SSP is priced above the current share price, which says a lot.

    Let’s see how that goes and what comes next.

 
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