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3.03%

16.0¢ galan lithium limited

Ann: Outstanding Initial Well Test Results at HMW Project, page-5

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piehole

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14/07/22

09:38

Post #: 62528081
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Originally posted by spovend: ↑

Worth repeating as outstanding quote JP and do I sense an indirect dig at LKE, hahaha;

Galan Managing Director, JP Vargas de la Vega, commented:

“We are extremely pleased with the outcomes from the 3-day constant rate pump test at the first Pata Pila well, PPB-01-21. High lithium grades, porosity and brine flow rates are a powerful combination for driving operational efficiency and economic performance. These outstanding hydrological outcomes are paramount to the project DFS foundations and further validates the world-class nature of the lithium brine resource we hold at HMW.

The results are a ready demonstration of the substantial progress we are making in advancing the Project. They also represent key de-risking of the planned HMW development. While we are focussed on a substantially lower risk, conventional process route and project development at HMW, we are ensuring that every aspect of our planned operation at HMW is comprehensively evaluated and proven, both technically and commercially.”

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Looks like lke is opening at 0.60c today, everyone jumping off the sinking ship onto the G Train

GLN Price at posting: 98.0¢ Sentiment: Hold Disclosure: Held
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