GLN 0.00% 21.0¢ galan lithium limited

Some of you folk jump ship at the first sign of danger. Like a...

  1. 489 Posts.
    lightbulb Created with Sketch. 166
    Some of you folk jump ship at the first sign of danger. Like a doomsday cult.

    It could very well be, as alluded to above by bsumisu, that the export license is going to be approved and that info conveyed to Galan , but both parties, govt and company lawyers, need to negotiate conditions that are mutually agreeable. It could be that simple.

    Look at it this way, Galan have a great resource, as far as I can tell the local community is fully behind the project and many employed there, most of the company managers and many directors are South American, the company also has cultivated a great relationship with the various levels of govt. I doubt that govt is going to thwart the objectives of Galan provided the paperwork is done right. They know if they want to dig their way out of 110% inflation and poverty, then companies like Galan are one way to
    do it. If Galan can’t get it up and running I don’t see any new producers getting up in Argentina.

    Of course, I am biased.
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
21.0¢
Change
0.000(0.00%)
Mkt cap ! $98.09M
Open High Low Value Volume
21.0¢ 21.5¢ 20.5¢ $438.5K 2.089M

Buyers (Bids)

No. Vol. Price($)
5 64807 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 414719 12
View Market Depth
Last trade - 13.50pm 07/06/2024 (20 minute delay) ?
Last
21.0¢
  Change
0.000 ( 1.18 %)
Open High Low Volume
21.0¢ 21.0¢ 20.8¢ 642689
Last updated 13.57pm 07/06/2024 ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.