Glencore is a commodity trader not a bank, the project is already well under construction, using conventional technology/methods and a highly experienced team.
Not comparable at all, IMO
If you're not a fan of comparing market caps with LTR, not sure why you would consider comparing these funding agreements that are worlds apart.
A bank giving out $700m to a junior for a first of a kind underground project or a commodity trader prepaying $70-100m USD for lithium chloride.
Galan has significantly less risk, all in IMO.
General Discussion Banter GLN, page-14032
-
- There are more pages in this discussion • 2,074 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
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $77.48M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.0¢ | $239.0K | 1.771M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1036095 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 160569 | 5 |
View Market Depth
| Last trade - 13.15pm 15/10/2024 (20 minute delay) ? |
| GLN (ASX) Chart |