galaxy update, page-20

I stand by what i said its a good announcement as other factors are already included in the SP. They have enough to produce the lithium and need to preserve cash which is a no brainer.

We are all aware of the cash position being tight but not in a desperate position. The lithium is supposed to be the earner soon.

This is why the merger has been negatively viewed. If we had heaps of cash (not from capital raising) then the merger was a great idea.