GLN 9.09% 12.0¢ galan lithium limited

Ann: Notice of General Meeting & Letter to Shareholders, page-35

  1. 8,305 Posts.
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    No doubt this has already crossed your mind.

    Ganfeng create a JV with GLN. GLN 51% and manage the project.

    470m ORD shares on issue. Offer $110m AUD for 49% values GLN around the last raise price and fully funded stage 1 at least.

    GF will not over pay and who can blame them.

    If they want deals on locking in Offtakes for stages 2 onwards they commit to debt funding on top of the above.

    Simon Hay would make the perfect MD choice.

    Dealt with GF, knows how to work a JV. Prior experience with the Solar through GXY when putting together the SDV plan prior to ORE Merger.

    Delivered Goulamina 90% under extremely difficult circumstances.

    Just a thought.


    Last edited by GARETH78: 12/06/24
 
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