GLN 2.94% 16.5¢ galan lithium limited

Clearly states Phase 1 will Fund Phase 2 at 1.19m mark. So we...

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    Clearly states Phase 1 will Fund Phase 2 at 1.19m mark. So we are looking at raising $80m to get phase one completed and if JP can do this without dilution that's good. But then slow steady progress to further stages pushing timeline out. But things can change and funding opportunities can appear as quick as Lithium price changes ( Export Licence). Joe Lowery's chat was good and his comments on Lithium going forward, how banks etc saying price won't move up much may decline and in same breath there will be a massive shortfall. Also how there isn't a Lithium commodity market atm as product spec is so variable and then price. High grade is required in his view as DLE is still a good few years away from delivering on its promises.


 
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