Really the only question we should be asking.
-who care about Barclays.
In the past 2 months we've had the MD and Clive say permits were 2 weeks away?
Did they not know about the need for community consultation.
every miner from Barrick to BHP has had to do these the past 20 years.
Why not outline the permit process with SHs 3 months ago instead of predicting we'd be drilling by year year? In most Li companies...SH will wait as long as needed. They know these things take time.
Now there's selling pressure on the SP not because of the ARG gov. red tape (or whatever your want to call it.) but because SHs are wondering why GLN mgmt. are making claims on time frames...then things not happening after those dates.
It's just un-needed and un-wanted pressure on the SP.
Unless you've been guaranteed in written by the GOV. that permits will happen on X date...don't give estimates...put the focus on the ARG gov.
ASX lithium investors have been through the wars the past 2 years on mgmt. saying this and not delivering. Credibility is VERY important for SP support.
We could have a rough few weeks ahead...and it's wasn't necessary.
IMO
DYOR!!
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