General Discussion Banter GLN, page-12054

To be fair GLN (August 2018 changed name from Dempsey Minerals) started around 18 months later than LTR.

Kathleen Valley Consent for Drilling was Granted on 15th November 2017. GLN was still increasing HMW land holdings on the 30th of January 2019.

LTR did a raise AUD 52mil @ AUD 0.76 in July 2021 which includes for purchases of long lead items. GLN just did a long lead item raise in May 2023

The DFS and raise AUD 450mil @ AUD 1.54 came in Dec 2021.

The First Binding Offtake between LG and LTR Cameron 12 January 2022.

If we just endlessly compare MC and not sensibly studying other timelines and criticising endlessly u will just make urself sad.
I think the delay was really because the management had to really confirm that HMW can produce more than double of the initial PEA.
Jumping the gun and announcing more than double increase in production capacity is a one way road. u can't downsize from there.

I think our sizeable Binding offtake will come once DFS Phase 2 is confirm.

AIMHO, DYOR, GLTAH