GLN 0.00% 13.0¢ galan lithium limited

Ann: Quarterly Activities and Cash Flow Report, page-48

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  1. 4,213 Posts.
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    IMO if GLN persists to pursue LCE production, reality will bite and the strategy will change to a more realistic plan, ie 4ktpa LICl then a small scale BG LCE(4kTpa or less) then ramp up to say 10-15ktpa if they believe they have the expertise. Or just only produce LiCl as a feed stock to supply others. 60kTpa is a pipe dream.

    But most likely merge with a current (small cap) producer or HMW will be sold to a player producer.
    Last edited by keepsmiling: 28/04/23
 
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