Not a bad suggestion. I like it.
I know they both have the cash. Galaxy has a good deal of losses to offset also so it might be more an advantage to General Mining? Though if they were going to do it that way they would just adjust the contract accordingly and let the market know that these are the new terms.
I am hoping the processors are wanting a new deal with a more ongoing arrangement. Many of them have a big beef with the majors who cut them out of spodumene leaving them high and dry. If they could join with a new company and create a new major it would be a win win all round. Though, general mining says it's the same terms but until we see the announcement I'll keep speculating and enjoy seeing what others come up with.
I don't think there would be any possibility of a negative result.
- Forums
- ASX - By Stock
- GXY
- 31st March Payment??
31st March Payment??, page-92
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online