GLN 0.00% 16.5¢ galan lithium limited

General Discussion Banter GLN, page-6642

  1. 160 Posts.
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    I agree, I think they sold 25% too cheaply. But to be honest, I don't think they had any other choice. They can turn it positively however they want but Lilac clearly had them by the ba*** because they didn't have anything signed prior. Lilac probably said "we want 25% of Kachi or you can find another partner". That's what happens when you are so dependent on one new technology in all your scoping studies, PFS, etc without signing any agreement prior.
    At least now Lilac has a serious incentive to make it work with LKE.

    I'm not a fan of LKE, too many unknowns and definitely happy with my GLN holding instead. But congratulations to all holders, it has clearly brought them tremendous returns in the last year.
 
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