Yep, the commitment from these two and to a lesser extent (although not lesser in an overall context) Richard has been incredible.
This latest injection will bring their total over the last 12 months to $3.5milion.
I noticed also the reference to Cameron Stanton 'increasing' his share in the company to 2%. I had a quick look on market index and notice he already has 6M shares in GLN. I haven't seen him there before so can only imagine this has been done in the last 6 months or so (the timing of shareholders on MI is quite delayed)
So although we bounce along at this 10.5c bottom, as we have for the past 9 months, it is reassuring that over the recent period we have amassed the following investors/interested parties:
Board and Management
Cameron Stanton - 7+ years experience in Argentina brines having successfully developed and then sold the Rincon project to RIO
Joe Lowry - Expert in lithium in particular Hombre Muerto having worked at Livent (FMC) for over a decade.
Chemphys - Committed via their equity placement, unfortunately (for them) missed out on the OT
Zhejiang Huayou Cobalt Co & Renault - Lithium processing company and OEM
Market may not be loving Galan at this point in time, however there is a decent stack of lithium, Argentinian and company specific knowlege that says otherwise.
GLN Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
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