It's probably due to offtake agreements, all future production from stage 1 & 2 have been allocated to the offtake partners, that's great, but detrimental to potential bidder(s) outside the link.
If there were a bid coming, most likely from POSCO, they recently bought a brine deposit from GXY.
Day to day discussions on S/P, page-5280
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$2.97 |
Change
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Mkt cap ! $8.942B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 716181 | $2.97 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 235000 | 1 |
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