GLN 3.85% 13.5¢ galan lithium limited

The below suggests to me that:Pre-payment will be insufficient...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,182 Posts.
    lightbulb Created with Sketch. 68
    The below suggests to me that:
    • Pre-payment will be insufficient to cover all Phase 1 costs
    • They will have to do another CR - Equity
    • Thay will have to borrow (maybe ATM) - debt


    https://hotcopper.com.au/data/attachments/6352/6352650-94325354ab69353e270dac023c357f15.jpg
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.