GXY galaxy resources limited

Chinese, Koreans circle Galaxy’s $460m lithium stake in Argentina, page-4

  1. 2,060 Posts.
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    Yeah I am critical of the article too and expect a car company to be part of any deal.

    $1B is at 10% discount. This is appropriate pre construction so that valuation could be used.

    Agree on the fees. GXY doesn't have the internal expertise to document the deal despite all the great lawyers on the Board.

    IMO its best to wait until next quarter results before being over critical of Mt C performance, as I have read on the HC threads.

    We are missing a lot because AT is holding his cards close. Even for us patient long term holders its getting annoying. But they said 2H 18?. I can only see AT not giving away any free lunches. He's been pretty great on pricing.
 
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