Originally posted by Ozyoioi
Excellent find
@Thesi,
Am I being too forward in suggesting that I think POSCO is the partner?
Would make sense from a POSCO perspective - a more conventional lithium salar development where they can 'soft-trial' their Lithium tech...say maybe 25,000t conventional evaporation, 5-10,000t PosLX.
Next month or so is going to be SO exciting:
- Mt. Cattlin production upgrade (remember that other mine that's printing money?)
- SdV partner announcement
- Pricing announcement (and judging that AJM with a relatively weak hand got $950, I can't see much variation in GXY's pricing)
- Interacting with President Macri (implies there is an element of national/state significance) - the Argentinian banker being present also suggests there may be some Argentinian equity involvement? Or atleast supporting investment involvement.
- Confirmation of funds transfer and then subsequent decisions on what to do with those funds e.g. potential equity return or buyback.
And theres a bunch more things I haven't touched on.
There's potentially some money to be made as we take a breather but gosh, I'd rather just sit out, grab some popcorn and watch.
AJM looking at a solid +30% for their deal, Why cant GXY pull this kind rise with far better prospects?