The glaring question is, if you have accumulated 3200 tons of lithium carbonate eqivilent why dont you sell it? at current prices that inventory would be valued at $38 million. If the inventory is increasing by 150 tons a week thats 7,800 tons of lithium carbonate eqivilent per year. the whole produxtion from phase one is forecast to be substanialy less than that. what am i missing here ?
MoU ain't worth anything until binding. You lied about what you would put in on last raise, you lied about non dulutive raises, you only provide very cloudy announcements. You finacially failed all holders from your stupid decisions! You say you get it but you didn't get anything!!
What happened to the offtake agreement from Glencore, complete with a loan to fund development. Apparently they just stoped responding to galan. Now that agreements been swapped out with some Chinese company nobody's ever heard of.
The glaring question is, if you have accumulated 3200 tons of lithium carbonate eqivilent why dont you sell it? at current prices that inventory would be valued at $38 million. If the inventory is increasing by 150 tons a week thats 7,800 tons of lithium carbonate eqivilent per year. the whole produxtion from phase one is forecast to be substanialy less than that. what am i missing here ?
JP is a big liar and incompetent MD.
MoU ain't worth anything until binding. You lied about what you would put in on last raise, you lied about non dulutive raises, you only provide very cloudy announcements.
You finacially failed all holders from your stupid decisions! You say you get it but you didn't get anything!!
What happened to the offtake agreement from Glencore, complete with a loan to fund development. Apparently they just stoped responding to galan. Now that agreements been swapped out with some Chinese company nobody's ever heard of.