Ah well.
Hopefully the info is true. 750mill SOI is ok long term if no other dilution occurs. A diluted producer is much much better than bankrupt.
Thumbs up to the $24 mill raise. It puts to bed a bad cycle of little raises. The lithium price is not recovering anytime soon. So rip the band aid off once and for all. Raise enough. Cop the dilution. Build stage 1. Save some money. Go to stage 2 in 2027 and the story starts again.
Ah well.Hopefully the info is true. 750mill SOI is ok long term...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.010(6.90%) |
Mkt cap ! $113.0M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.5¢ | 15.0¢ | $1.200M | 7.715M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 506022 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 280041 | 4 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |