I give it minimal chance that a hostile take over would occur with Bacchus on board. Not with a 30-40% premium from current SP (about the value of Mt Cattlin alone), I'm almost certain of that.
His firm blocked hostile TO of Rio Tinto, worth upwards of $100B. Plus we have another two specialists on board.
AT and MR are playing the long game and have set up their teams accordingly.
My guess is still Volkswagen for a long term partner. I have some affinity towards German companies as they are logical and calculated in their approach (except for Dieselgate, woops!). I think they would align well with our boards personality.
A partnership with a major player for Sal de Vida was my wish for GXY in 2017. I hope we hear about it very soon.
Bring it home team.
M92
GXY Price at posting:
$1.93 Sentiment: None Disclosure: Held