GLN 8.00% 11.5¢ galan lithium limited

Ann: Quarterly Activities and Cash Flow Report, page-70

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  1. 220 Posts.
    lightbulb Created with Sketch. 45
    Best thing would be to stop production. Hope Glencore pull out and sell it this thing for anything they can get over the current market cap. It's not a viable project, the resource is a scam (look at the converted reserve estimates), and that is why they have never had a serious take over offer.

    Now with off takes "apparently" binding there is no chance of a sale. They literally have no options to finish this or sell out haha, it's incredible. I can see this going in a fire sale for sub 10c.
 
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