Galaxy Resources Take Over, page-3

I agree.
Does not make sense.
Do the sums!
$500M AUD in the bank!!
12% interest in Lepidico.
$160m AUD profit coming in every year
Assets valued at $4.7b+++ AUD
Increasing prices for Lithium
Great management team!!
Posco could take us out for $2-2.5b and still be miles ahead.
They would get 3 world class assets PLUS $500M AUD CASH!!!
Let's hope we get some great figures Thursday and maybe a sneaky little announcement at 9.30am before the conference and the market opens.

Personally, I think Galaxy would be a hard Take over because of our HUGE insto shareholder base.
But it would be fun to see them try!
Forget shorters being in flames, Shorters would be charcoal at the end!!