GLN 0.00% 16.0¢ galan lithium limited

The market is starting to doubt the company executives ability...

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  1. 8,399 Posts.
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    The market is starting to doubt the company executives ability to execute anything in a timely manner. IMO

    Project execution is of paramount importance to a companies SP.

    No point having a big one if you can’t get a hard on. This is Galans issue.

    The DFS is now 5 months over the original schedule, and look at the mess they made of communicating this to the market. Sneaking it in the quarterly was poor form.

    If can’t deliver a DFS in a timely manner god knows on delivering any production timelines, thats what the market is now thinking.

    Communication and marketing of this company is extremely poor many have pointed out, let’s hope they up their game for the SELF IMPOSED end of May timeline.

    If phase 1 DFS is not delivered in the next 7 trading days all credibility will be lost.

    My concern now is the DFS will be a big sell the news event if it is not as comprehensive as it has to be. Languishing at current prices going into June leaves the potential for tax loss selling high. IMO

    Last edited by GARETH78: 20/05/23
 
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