GLN 0.00% 12.5¢ galan lithium limited

General Discussion Banter GLN, page-1303

  1. 3,988 Posts.
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    Nice finish, couple of c lower than I thought, but hey all in all a good result. So given what Clive said, you'd think a CR would happen in the next few weeks after confirmation of grades from the further testing, maybe 10-20mill shares in the late 30's-mid 40's woudl stregthen the balance sheet and open up the opportunity to maybe bring in a second drill rig. I'm curious wht they would not utilise the finance facility, maybe a big player/off taker wants a stake in GLN, like the big dog peeing on their turf... GLN would see that as a strategic alliance. Also you never know what happens in the markets, so a bird in th hand and all that.

    Good luck all, exciting few months ahead.
 
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