Galan has always claimed high grade product (which lowers downstream battery construction costs) and low cost of production. This is a desirable attribute that many other underfunded and semi developed juniors don't have.
Below a recent comment extracted from a Fastmarkets discussion around the depressed spot Lithium prices plumbing new lows last week.
'Lithium producers feeding on brines are some of the few who still have considerable margins given current lithium prices, with their production at the peak level during the summertime.'
Perhaps this is where genuine interest has enabled GLN to consider and in fact have a shortlist. The ability to remain profitable in a depressed Lithium market that now prevails is certianly attractive.
GLN Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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