Ann: Galaxy to sell SDV northern tenements to POSCO for US$280M, page-66

What a MASTERSTROKE from AT and his team for the development of SDV :

1) Re engineered and redesigned the ponds to the southern side (at a small cost) and sell off the northern tenement for a handsome price of US $280 m without affecting the dynamics of overall plan.
2) No debt
3) No CR required
4) Retain 100% ownership of 25,000 ton x 40 years mine life asset
5) Synergies and possible cost / time saving working together in tandem with POSCO

and added advantage of falling Aussies and Argentina Pesos.
Christmas has finally arrived for shareholders and good luck to shorters.