GLN 0.00% 16.0¢ galan lithium limited

General Discussion Banter GLN, page-15828

  1. 394 Posts.
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    Moin Sparky,

    Oh, then the questioner was obviously simply unfortunate in his wording. I almost had the impression that it might have been a deliberately misguided question to create a poisoned atmosphere?rolleyes.png Thanks for clarifying.

    Well, at least we're a bit smarter about important infrastructure projects in AUS.

    To your question. Yes, the total contribution to be made is 33 million US dollars. This has to borne by POSCO, Arcadium and Galan. I do not know whether these amounts have already been paid.The frequently mentioned support from the provincial government is not just empty words. I therefore assume that the HMW project will not be jeopardised by timely demands from the government.

    Cautionary - irony mode on -
    If I were a provincial governor, I would divide it up as follows:
    40% of POSCO because they are in Salta, cheeky
    40% of Arcadium because they got a $100 million loan from the IFC, caused a lawsuit for using too much fresh water, cause they paid fines for suspected tax evasion and
    5% extra because I don't like the CEOtongue.png

    that leaves a balance of 5% for Galan, payment target 2026!
    -irony mode off-

    Have a nice Tuesday
 
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