GLN 2.63% 19.5¢ galan lithium limited

Ann: Suspension from Quotation, page-19

  1. 903 Posts.
    lightbulb Created with Sketch. 363
    That's wildly optimistic. Base case is an extended EIS for Stage 2 which will complicate funding and execution of Stage 1.

    The test for this board will be how quickly they can stop construction and meet their existing liabilities (including the road that JP looks like he has just committed to last week - presumably paid for by our ATM facility).

    We could be looking at the end of the road for the existing management team. Share price will take a hammering saldy, and then we hopefully can put in a new team and come back out blazing with a proper board/team and a path to being what we should have always been - a $1bn+ company.
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
0.005(2.63%)
Mkt cap ! $91.23M
Open High Low Value Volume
19.0¢ 19.5¢ 19.0¢ $392.3K 2.050M

Buyers (Bids)

No. Vol. Price($)
2 832 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 398223 8
View Market Depth
Last trade - 10.55am 14/06/2024 (20 minute delay) ?
Last
19.5¢
  Change
0.005 ( 1.40 %)
Open High Low Volume
19.0¢ 19.5¢ 19.0¢ 532059
Last updated 11.16am 14/06/2024 ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.