Galan Lithium - Cash and Funding -Fully Funded!, page-21

I don’t think one would normally borrow money to go drilling. A debt facility at this stage is more for emergency purposes unless it is convertible into equity. The best bet is for the SP to be sustained above $1 and option holders start to capitalise on it by converting options en masse to support the company’s cash flow. I hope management are astute in this regard. A few recent CR’s I’ve seen have idiotic terms examples ajm and rle and E2e among them in the last few weeks. As long as they don’t kill the momentum with unnecessary financial blunders things will go as any SH would like them to be.