GLN 3.03% 17.0¢ galan lithium limited

Submitting an EIA and receiving the associated approval is...

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    Submitting an EIA and receiving the associated approval is completely standard process that all developers must go through in every jurisdiction. Galan already has approval to construct and operate Phase 1 - the Phase 2 permits are in progress. Negotiating access to state owned resources on "new code" concessions is not standard across these companies on this chart - in fact it's uncharted territory even in Chile. These negotiations may result in terms which have a significant impact on the economics of the resource (e.g. providing a 50% free carried interest to a state owned mining company). This is completely different.

    https://hotcopper.com.au/data/attachments/5634/5634533-da87cda57c4672e016b5c4512c7a4470.jpg

 
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