They appear to be scrambling, possibly in order to reach the...

They appear to be scrambling, possibly in order to reach the EOFY for some reason.

Glencore are perhaps unreliable and ruthless, but that's the way they've always operated, their history should have been known.

Albamarle have ended the MOU with PMT.

The global lithium market seems to be in turbulence.

Companies may be bailing on lithium, or taking a wait and see attitude, given that the first Sodium batteries for auto are rolling out now in some Chinese cars.

A couple of small cap lithium companies still seem to be making headway.
For instance, Canada's Frontier Lithium clinched their deal with Mitsubishi last week.
I hope Galan have spoken with Mitsubishi and other car makers recently.

I'm not sure why Galan's leadership went to China, perhaps they should have gone to Japan and Korea.

Perhaps it's time for leadership here to step back somewhat, and hand the task to a recognized international consultancy to obtain finance, or a JV, or other principal core investors.

It seems a shame this project is going the way it is at present.

June and the impending EOFY is going to be another tough month, that may even see the stock price hit the teens, as some people re-balance their portfolio's for the start of the 2025 financial year.

Gw