Yeap essentially agreed.
I meant $40m (to refinance OCP and some set aside for working cap) is small in comparison to the $380m required to progress sdv, the latter has got to be a separate major undertaking. And I feel it won't be long. Gxy has the momentum. AT's team is now well equipped at the negotiatiion table and will take advantage of the favorable lithium pricing, new position to generate $100m cashflow, emerging large lithium demand and recognition of the need to move fast, really fast. AT+ Bacchus = will get the best deal for Gxy to accelerate growth.
GXY Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held